STAND. COM. REP. NO.  428

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 587

      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. 587 entitled:

"A BILL FOR AN ACT RELATING TO SMALL BUSINESS,"

begs leave to report as follows:

The purpose of this measure is to recognize the importance of the Small Business Regulatory Review Board to small businesses and Hawaii's economy by appropriating funds to provide more resources to the Board.

The Department of Business, Economic Development and Tourism, Small Business Regulatory Review Board, The Hawaii Business League, The Chamber of Commerce Hawaii, Ocean Tourism Coalition, Hawaii Farm Bureau, and a concerned individual supported this bill.

     Your Committee has amended this measure by:

     (1)  Changing the amount of the appropriation from $50,000 to an unspecified amount;

     (2)  Changing the effective date to July 1, 2038; and

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

     Should your Committee on Finance deliberate on this matter further, your Committee on Economic Development & Business respectfully requests that it consider appropriating $50,000 to provide the Small Business Regulatory Review Board with more resources.

     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. 587, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 587, 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