STAND. COM. REP. NO.  317

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 1036

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committee on Economic Development & Business, to which was referred H.B. No. 1036 entitled:

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

begs leave to report as follows:

The purpose of this measure is to more accurately reflect the mission of the High Technology Development Corporation by changing its name to the Hawaii Technology Development Corporation.  This measure also repeals the Hawaii Software Service Center located within the High Technology Development Corporation as the Center has been unfunded and inactive for over ten years.

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

     As affirmed by the record of votes of the members of your Committee on Economic Development & Business that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1036 and recommends that it pass Second Reading and be referred to your Committee on Finance.

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

____________________________

MARK M. NAKASHIMA, Chair