STAND. COM. REP. NO. 1442-18

Honolulu, Hawaii

, 2018

RE: S.B. No. 48

S.D. 3

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 Higher Education, to which was referred S.B. No. 48, S.D. 3, entitled:

"A BILL FOR AN ACT RELATING TO TECHNOLOGY,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Appropriate funds for the Hawaii Technology Development Corporation to continue providing incubation services for businesses in the State; and

(2) Request that the Department of Accounting and General Services locate a new site to which the Hawaii Technology Development Corporation may relocate that would allow for the continued provision of incubation services to businesses in the State.

The Department of Business, Economic Development and Tourism, Hawaii Technology Development Corporation, The Chamber of Commerce Hawaii, Oahu County Committee on Legislative Priorities of the Democratic Party of Hawai‘i, and two individuals supported this measure. The Department of Accounting and General Services provided comments.

Your Committee has amended this measure by requiring the University of Hawaii and the Department of Accounting and General Services to work with the Hawaii Technology Development Corporation in its relocation and transition to its new site.

Should the Committee on Finance deliberate on this measure further, your Committee on Higher Education respectfully requests that it consider appropriating $1,100,000 for the Hawaii Technology Development Corporation to continue providing incubation services to businesses in the State.

As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 48, S.D. 3, as amended herein, and recommends that it be referred to your Committee on Finance in the form attached hereto as S.B. No. 48, S.D. 3, H.D. 1.

Respectfully submitted on behalf of the members of the Committee on Higher Education,

____________________________

ANGUS L.K. McKELVEY, Chair