STAND. COM. REP. NO. 1447-18

Honolulu, Hawaii

, 2018

RE: S.B. No. 2903

S.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 S.B. No. 2903, S.D. 1, 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 development program, as well as for the operations and administration of the program.

The Hawaii Technology Development Corporation, Makai Ocean Engineering, Inc., Hawaii Food Industry Association, Creative, Hyperspective, Kauai Beer Company, Honolulu BeerWorks, Maui Brewing Company, Hawaiian Chip Company, LLC, Hawaii Coffee Company, Raw Dog Brands, Inc., Hawaii Fish Company, Hawaii Farm Bureau, Hawaiian Craft Brewers Guild, Aloha Shoyu Company, Ltd., Lanakila Designs, Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii, The Chamber of Commerce Hawaii, Maui Chamber of Commerce, Kona Brewing Company, Kauai Island Brewing Company, LLC, and a concerned individual testified in support of 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. 2903, 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,

____________________________

CINDY EVANS, Chair