STAND. COM. REP. NO.  1012

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 1326

      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. 1326, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO WORKFORCE DEVELOPMENT,"

begs leave to report as follows:

The purpose of this measure is to advance the State's economic development, sustainability, and diversity by appropriating funds for a basalt rebar market assessment study.

The High Technology Development Corporation, Pacific International Space Center for Exploration Systems, Oceanit, RedWorks, Honeybee Robotics, and two concerned individuals supported this measure.

     Your Committee has amended this measure by:

     (1)  Providing funds for a feasibility study regarding the development of a basalt fiber facility rather than a basalt rebar market assessment study; and

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

     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. 1326, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1326, H.D. 2.

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

____________________________

SYLVIA LUKE, Chair