STAND. COM. REP. NO.  886

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 909

      H.D. 2

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 909, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"

begs leave to report as follows:

The purpose of this measure is to establish and provide funding for a Center for Commercialization at the University of Hawaii to commercially use intellectual property generated from research at the University for the benefit of the State and its residents.

The University of Hawaii, The Chamber of Commerce Hawaii, and one concerned individual testified in support of 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 H.B. No. 909, H.D. 2, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair