STAND. COM. REP. NO.  1293

Honolulu, Hawaii

                , 2017

RE:   S.B. No. 902

      S.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 S.B. No. 902, S.D. 1, 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 update various provisions relating to the High Technology Development Corporation. 

Specifically, this measure:

     (1)  Changes the name of the High Technology Development Corporation to the Hawaii Technology Development Corporation;

     (2)  Changes all references of "high technology" to "technology" in Chapter 201M, Hawaii Revised Statutes; and

     (3)  Repeals the Hawaii Software Service Center established within the High Technology Development Corporation.

The Department of Business, Economic Development and Tourism and High Technology Development Corporation supported 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 S.B. No. 902, S.D. 1, 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