STAND. COM. REP. NO. 2593

Honolulu, Hawaii

RE:    S.B. No. 3011

       S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committees on Judiciary and Labor and Ways and Means, to which was referred S.B. No. 3011, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION,"

beg leave to report as follows:

     The purpose and intent of this measure is to make an appropriation to the High Technology Development Corporation for the provision of technology internship grants and development of programs to support the local talent pipeline for the technology industry.

     Your Committees received testimony in support of this measure from the High Technology Development Corporation.

     Your Committees find the High Technology Development Corporation is a key agency in developing the technology industry in the State.  Internships have proven to be an effective way to introduce talent to careers in the technology industry and provide startup companies with resources to help them grow to the next level.  This measure will help to support local talent and the High Technology Development Corporation's goal of creating eighty thousand new technology and innovation jobs earning more than $80,000 per year by 2030.

     Your Committees have amended this measure by:

     (1)  Adopting language suggested by the High Technology Development Corporation to clarify that the appropriation is to fund technology internships, rather than internship grants, and that the cap of $1,250 per year applies to the amount each intern may receive, rather than the amount of each grant per intern;

     (2)  Deleting the specific appropriation amount to the High Technology Development Corporation;

     (3)  Inserting an effective date of January 7, 2059, to encourage further discussion; and

     (4)  Making a technical, nonsubstantive amendment for the purposes of clarity and consistency.

     However, your Committees note that the High Technology Development Corporation will need an appropriation of $125,000 to provide technology internship grants.

     As affirmed by the records of votes of the members of your Committees on Judiciary and Labor and Ways and Means that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 3011, S.D. 1, as amended herein, and recommend that it pass Third Reading in the form attached hereto as S.B. No. 3011, S.D. 2.

Respectfully submitted on behalf of the members of the Committees on Judiciary and Labor and Ways and Means,

________________________________ JILL N. TOKUDA, Chair

________________________________ GILBERT S.C. KEITH-AGARAN, Chair