STAND. COM. REP. NO. 260-18

Honolulu, Hawaii

, 2018

RE: H.B. No. 2610

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Economic Development & Business, to which was referred H.B. No. 2610 entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION,"

begs leave to report as follows:

The purpose of this measure is to continue to support Hawaii's manufacturing industry by appropriating funds to the Hawaii Technology Development Corporation to continue their manufacturing grant program, as well as for the operations and administration of the program.

The Hawaii Technology Development Corporation, The Chamber of Commerce Hawaii, Maui Brewing Company, Hawaii Coffee Company, Aloha Aina Poi Company, IL Gelato Hawaii, Origin Coffee Roasters, Diamond Bakery, DewPoint Systems LLC, Island Plastic Bags, Inc., Big Island Brewhaus, Aloha Shoyu Company, Ltd., Volcano Island Honey Company, LLC, Lanikai Brewing Company, Hawaii Farm Bureau, Kohola Brewery, Kauai Kunani Dairy, Oahu County Committee Legislative Priorities of the Democratic Party of Hawaii, and several concerned individuals testified in support of this measure.

Your Committee has amended this measure by changing its effective date to July 1, 2112, to facilitate further discussion.

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. 2610, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2610, 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,

____________________________

CINDY EVANS, Chair