STAND. COM. REP. NO. 2919

Honolulu, Hawaii

RE: S.B. No. 2807

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2022

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2807 entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION,"

begs leave to report as follows:

The purpose and intent of this measure is to appropriate moneys to the Hawaii Technology Development Corporation for the manufacturing assistance program.

Your Committee received written comments in support of this measure from the Hawaii Technology Development Corporation; University of Hawaii; Maui Chamber of Commerce; Shifted Energy; Sweet Brown Hawaii; Simonpietri Enterprises, LLC; KYD, Inc.; Hyperspective Studios, Inc.; Purple Maia Foundation; Diamond Bakery Co., Ltd.; Island Plastic Bags, Inc; Hidden Gears; Hawaii Food Industry Association; Makai Ocean Engineering, Inc.; 3D Innovations; Nalu Scientific, LLC; Hawaii Fish Company, Inc.; Hawaii Farm Bureau; Manulele Distillers, LLC; Mana Up; Elements of the Sea HI, LLC; Ohana Nui Group LLC; Big Island Moonbow Farms, LLC; Pawniolo Pets, LLC; Chamber of Commerce Hawaii; Vitalitea Group, LLC; Hawaii Food Manufacturers Association; Ulu Mana, Inc.; Hawaii Venture Capital Association; and one individual.

Your Committee received written comments on this measure from the Department of Budget and Finance and Hawaiian Pie Company, LLC.

Your Committee finds that the manufacturing businesses supported by this measure play an important role in the State's economy. Manufacturers are key to the State's food security, sustainability, and resilience initiatives, and are important drivers for innovation.

Your Committee has amended this measure by:

(1) Changing the appropriation amount from $1,500,000 to an unspecified sum;

(2) Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and

(3) Making technical nonsubstantive changes for purposes of clarity, consistency, and style.

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. 2807, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2807, S.D. 1.

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

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DONOVAN M. DELA CRUZ, Chair