STAND.
COM. REP. NO. 628
Honolulu, Hawaii
, 2019
RE: H.B. No. 340
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2019
State of Hawaii
Sir:
Your Committee on Economic Development & Business, to which was referred H.B. No. 340 entitled:
"A BILL FOR AN ACT RELATING TO HAWAII TECHNOLOGY DEVELOPMENT CORPORATION,"
begs leave to report as follows:
Your Committee notes the comments of The Chamber of Commerce Hawaii in its written testimony submitted at the public hearing on this measure. The Chamber points out that continued support for the Manufacturing Assistance Program is vital to HTDC's mission. This program has become an important, positive resource to aid companies with their investments in manufacturing equipment, training of their employees on newly purchased equipment, energy efficiency, and feasibility studies. Your Committee agrees with the testimony that continuation of the Manufacturing Assistance Program will help to fuel the growth of the manufacturing industry in Hawaii and provide more products for both local consumption and export.
Accordingly, your Committee has amended this measure by:
(1) Changing the appropriation for the Small Business Innovation Research Program to an unspecified amount;
(2) Adding an appropriation in an unspecified amount to HTDC for the Manufacturing Assistance Program;
(4) Making an appropriation in an unspecified amount to the Alternative Energy Research and Development Revolving Fund and appropriating unspecified funds from the Revolving Fund for Program grants;
(5) Changing its effective date to July 1, 2112; and
(6) Making technical, nonsubstantive amendments for clarity, consistency, and style.
Should the Committee on Finance deliberate on this measure further, your Committee on Economic Development & Business respectfully requests that it consider appropriating:
(1) $1,500,000 for the Small Business Innovation Research Program;
(2) $2,000,000 to continue operations, administration, and provision of grants by the Manufacturing Assistance Program; and
(3) $1,000,000 to be deposited into the Alternative Energy Research and Development Revolving Fund for the purpose of providing program grants.
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. 340, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 340, 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,
|
|
____________________________ ANGUS L.K. McKELVEY, Chair |
|
|
|