STAND. COM. REP. NO.  310

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 1327

      H.D. 1

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. 1327 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 support the continued growth of Hawaii's manufacturing industry by appropriating funds for continuing the operations and administration of Hawaii's Manufacturing Development Program.

The High Technology Development Corporation, Hawaii Food Industry Association, The Chamber of Commerce Hawaii, Koloa Rum Company, Meadow Gold Dairies, Maui Brewing Company, Lanikai Brewing Company, The Tea Chest, Aloha Shoyu Company, Ltd., Taps & Apps LLC, Kunoa Cattle Company, Pelatron Technologies LLC, Kohola Brewery, Hyperspective, Kauai Island Brewing Company, and a concerned individual testified in support of this measure.

     Your Committee has amended this measure by:

     (1)  Changing the amount of the appropriation from $1,500,000 to an unspecified sum;

     (2)  Changing its effective date to July 1, 2038, to facilitate further discussion; and

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

     Should your Committee on Finance deliberate on this measure further, your Committee on Economic Development and Business respectfully requests appropriating $1,500,000 for continuing the operations and administration of Hawaii's Manufacturing Development Program.

     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. 1327, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1327, H.D. 1, 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