STAND. COM. REP. NO.  1584-12

Honolulu, Hawaii

                , 2012

RE:   S.B. No. 2528

      S.D. 2

      H.D. 3

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred S.B. No. 2528, S.D. 2, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO TECHNOLOGY,"

begs leave to report as follows:

The purpose of this measure, as received by your Committee, is to more efficiently administer the Hawaii 3Ts school technology laboratories in order to strengthen science, technology, and math education in the State by placing the Hawaii 3Ts School Technology Laboratories Fund under the administration of the Department of Business, Economic Development, and Tourism, rather than the Department of Education.

The Department of Business, Economic Development, and Tourism submitted testimony in support of this measure as it was received by your Committee.

     Your Committee has amended this measure by:

     (1)  Adding the contents of H.B. No. 1511, H.D. 2, Regular Session of 2012, which directs the University of Hawaii to extend its land lease with the High Technology Development Corporation, under the same terms, for at least 25 years beyond the existing lease's expiration date;

     (2)  Changing the effective date to July 1, 2012; and`

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

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2528, S.D. 2, H.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2528, S.D. 2, H.D. 3.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

MARCUS R. OSHIRO, Chair