STAND. COM. REP. NO.  1597-16

Honolulu, Hawaii

                , 2016

RE:   S.B. No. 3109

      S.D. 1

      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 S.B. No. 3109, S.D. 1, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO MANUFACTURING,"

begs leave to report as follows:

The purpose of this measure is to:

     (1)  Extend the lapse date from June 30, 2016, to June 30, 2017, for the $2,000,000 appropriation made to the High Technology Development Corporation pursuant to Act 215, Session Laws of Hawaii 2015, to provide grants under the Manufacturing Development Program; and

     (2)  Appropriate an unspecified amount to the High Technology Development Corporation for fiscal year 2016-2017 to provide grants under the Manufacturing Development Program.

The High Technology Development Corporation; Makai Ocean Engineering, Inc.; Hawaii Food Manufacturers Association; Pacifikool; Hawaii Food Industry Association; The Chamber of Commerce Hawaii; Oceanit; KYD, Inc. dba: K. Yamada Distributors; O Ka Aina Fuel, LLC; Pacific Biodiesel Technologies; Hyperspective; Meadow Gold Dairies; Hawaii Fish Company; Maui Brewing Co.; Hawaii Coffee Company; Diamond Bakery Co., Ltd.; Ko Bakery; Aloha Shoyu Company, Ltd.; ReavComm; and Aloha Edibles, Inc. supported this measure.

     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. 3109, S.D. 1, 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