CONFERENCE COMMITTEE REP. NO. 102-18

Honolulu, Hawaii

, 2018

RE: H.B. No. 2333

H.D. 1

S.D. 1

C.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sirs:

Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 2333, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAII COMMUNITY-BASED ECONOMIC DEVELOPMENT TECHNICAL AND FINANCIAL ASSISTANCE PROGRAM,"

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this measure is to support Hawaii's most socially and economically challenged regions and demographic groups through community-supported economic development projects by authorizing the Department of Business, Economic Development and Tourism to deposit moneys it receives from the repayment of outstanding loans into the Hawaii community-based economic development revolving fund to be used to make loans and grants to small businesses.

Your Committee on Conference has amended this measure by changing its effective date to July 1, 2018.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 2333, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 2333, H.D. 1, S.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________ GLENN WAKAI Chair	____________________________ CINDY EVANS Co-Chair
____________________________ BRICKWOOD GALUTERIA Co-Chair	____________________________ JARRETT KEOHOKALOLE Co-Chair
____________________________ KAIALI'I KAHELE Co-Chair