STAND. COM. REP. NO. 3573

Honolulu, Hawaii

RE: H.B. No. 2610

H.D. 2

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 2610, H.D. 2, entitled:

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

begs leave to report as follows:

The purpose and intent of this measure is to appropriate moneys to the Hawaii Technology Development Corporation to continue its manufacturing grant program.

Your Committee received written comments in support of this measure from the Hawaii Technology Development Corporation; Hawaii Fish Company; Hawaii Food Industry Association; Hyperspective Studios, Inc.; KYD, Inc.; Hawaii Coffee Company; Oceanit Laboratories, Inc.; TeleVoice 2000; Chamber of Commerce Hawaii; Hawaii Farm Bureau Federation; Maui Chamber of Commerce; Aloha Shoyu Company, Ltd.; Makai Ocean Engineering, Inc.; Oahu County Committee on Legislative Priorities of the Democratic Party of Hawai`i; Kona Brewing Company; Larry Jefts Farms; Meadow Gold Dairies; and two representatives of Maui Brewing Company.

Your Committee finds that the Hawaii Technology Development Corporation's manufacturing grant program plays an important role in supporting manufacturing in Hawaii.

Your Committee has amended this measure by changing the effective date to July 1, 2050, to facilitate further discussion on the measure.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2610, H.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2610, H.D. 2, S.D. 1.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

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DONOVAN M. DELA CRUZ, Chair