STAND. COM. REP. NO. 1863

Honolulu, Hawaii

, 2021

RE: S.B. No. 1421

S.D. 2

H.D. 2

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 1421, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO DUAL USE TECHNOLOGY,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Create a Dual Use Technology Task Force within the Department of Business, Economic Development, and Tourism to explore how dual use technology can be used to promote economic recovery and diversify the State's economy; and

(2) Require the task force to submit reports to the Legislature prior to the Regular Sessions of 2023 and 2025.

Your Committee received testimony in support of this measure from Oceanit and Chamber of Commerce Hawaii. Your Committee received comments on this measure from the Department of Business, Economic Development, and Tourism; and Hawaii Technology Development Corporation.

Your Committee has amended this measure by changing the effective date to July 1, 2050, to encourage further discussion.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1421, S.D. 2, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1421, S.D. 2, H.D. 2.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair