STAND. COM. REP. NO.  747-16

Honolulu, Hawaii

                , 2016

RE:   H.B. No. 2550

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 2550, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM,"

begs leave to report as follows:

The purpose of this measure is to continue to diversify Hawaii's economy and promote Hawaii's manufacturing industry.  Specifically, this measure appropriates funds to the Department of Business, Economic Development and Tourism for promotion, regulation, and administration of the Made in Hawaii Brand Program.

The Department of Agriculture; Hawaii Farm Bureau; Chamber of Commerce Hawaii; Meadow Gold Dairies; KYD, Inc. dba K. Yamada Distributors; and an individual provided testimony in support of this measure.  The Department of Business, Economic Development and Tourism provided comments.

     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 H.B. No. 2550, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair