STAND. COM. REP. NO. 440

Honolulu, Hawaii

, 2019

RE: H.B. No. 721

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committees on Lower & Higher Education and Economic Development & Business, to which was referred H.B. No. 721 entitled:

"A BILL FOR AN ACT RELATING TO UNIVERSITY OF HAWAII DEVELOPMENTS,"

beg leave to report as follows:

The purpose of this measure is to:

(1) Establish the Office of Strategic Partnerships and Development to oversee and manage public service ventures for the benefit of the University of Hawaii;

(2) Authorize the University of Hawaii to enter into public service ventures; and

(3) Appropriate funds for the hiring of positions to maintain the staff necessary to develop and manage the Office of Strategic Partnerships and Development.

The University of Hawaii supported this measure.

Your Committees have amended this measure by:

(1) Changing the amount appropriated in this measure to an unspecified amount;

(2) Changing its effective date to July 1, 2050, to encourage further discussion; and

(3) Making technical, nonsubstantive amendments for clarity, consistency, and style.

Should the Committee on Finance deliberate this measure further, your Committees on Lower & Higher Education and Economic Development & Business respectfully request that it consider appropriating $500,000 to the University of Hawaii for four full-time equivalent (4.00 FTE) permanent positions to maintain the staff necessary to develop and manage the Office of Strategic Partnerships and Development.

As affirmed by the records of votes of the members of your Committees on Lower & Higher Education and Economic Development & Business that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 721, as amended herein, and recommend that it pass Second Reading in the form attached hereto as H.B. No. 721, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committees on Lower & Higher Education and Economic Development & Business,

____________________________ ANGUS L.K. McKELVEY, Chair

____________________________ JUSTIN H. WOODSON, Chair