STAND. COM. REP. NO. 1085

Honolulu, Hawaii

RE: S.B. No. 1507

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 1507, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ECONOMY,"

begs leave to report as follows:

The purpose and intent of this measure is to appropriate funds to plan and hold a 2020 Hawaii-Philippines sister city trade show and economic outlook symposium.

Your Committee received written comments in support of this measure from the Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii.

Your Committee received written comments on this measure from the Department of Business, Economic Development, and Tourism.

Your Committee finds that the trade show and symposium would provide the State's individuals and businesses the opportunity to meet business owners and officials from the Philippines, gain new perspectives on Filipino cultural and business practices, and develop new business relationships and trade opportunities.

Your Committee notes that the appropriation amount requested is $50,000.

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 S.B. No. 1507, S.D. 1, and recommends that it pass Third Reading.

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

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DONOVAN M. DELA CRUZ, Chair