STAND.
COM. REP. NO. 1198-22
Honolulu, Hawaii
, 2022
RE: S.B. No. 2807
S.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2022
State of Hawaii
Sir:
Your Committee on Higher Education & Technology, to which was referred S.B. No. 2807, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION,"
begs leave to report as follows:
Your Committee received testimony in support of this measure from the University of Hawai‘i System; Hawai‘i Technology Development Corporation; Chamber of Commerce Hawaii; Hawaii Food Manufacturers Association; Hawai‘i Farm Bureau; Makai Ocean Engineering, Inc.; Nalu Scientific, LLC; 3D Innovations; Hyperspective; Hawaii Fish Company Inc.; Big Island Coffee Roasters, LLC; Kapa Nui Nails; Startup Capital Ventures; Purple Mai‘a Foundation; Mana Up; Maui Chamber of Commerce; Hawaii Food Industry Association; and one individual. Your Committee received comments on this measure from the Department of Budget and Finance.
Your Committee finds that the Hawaii Technology Development Corporation is a key state agency in the development and support of the State's manufacturing industry, which forms an essential component of Hawaii's economy. Your Committee further finds that the Hawaii Technology Development Corporation's Manufacturing Assistance Program plays an important role in assisting manufacturing companies compete globally through limited reimbursements of certain qualified expenses.
As affirmed by the record of votes of the members of your Committee on Higher Education & Technology that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2807, S.D. 1, and recommends that it pass Second Reading and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Higher Education & Technology,
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____________________________ GREGG TAKAYAMA, Chair |
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