STAND. COM. REP. NO.  1079-12

Honolulu, Hawaii

                , 2012

RE:   S.B. No. 2528

      S.D. 2

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

Sir:

     Your Committee on Economic Revitalization & Business, to which was referred S.B. No. 2528, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO TECHNOLOGY,"

begs leave to report as follows:

The purpose of this measure is to transfer the Hawaii 3Ts School Technology Laboratories Fund from the Department of Education to the Department of Business, Economic Development, and Tourism.

The Department of Business, Economic Development, and Tourism testified in support of this measure.

     Your Committee has amended this measure by:

     (1)  Adding the contents of H.B. No. 1511, H.D. 2 (2012), which requires the University of Hawaii to extend the current land lease agreement with the High Technology Development Corporation for a period no less than twenty-five years from the expiration date of the existing lease;

     (2)  Changing the effective date to July 1, 2112, for the purposes of facilitating further discussion; and

     (3)  Making technical, nonsubstantive amendments for clarity, consistency, and style.

     As affirmed by the record of votes of the members of your Committee on Economic Revitalization & Business that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2528, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2528, S.D. 2, H.D. 1, and be referred to the Committee on Education.

Respectfully submitted on behalf of the members of the Committee on Economic Revitalization & Business,

____________________________

ANGUS L.K. McKELVEY, Chair