STAND.
COM. REP. NO. 349-24
Honolulu, Hawaii
, 2024
RE: H.B. No. 2502
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-Second State Legislature
Regular Session of 2024
State of Hawaii
Sir:
Your Committee on Higher Education & Technology, to which was referred H.B. No. 2502 entitled:
"A BILL FOR AN ACT RELATING TO TECHNOLOGY TRANSFER AT THE UNIVERSITY OF HAWAII,"
begs leave to report as follows:
Your Committee
received testimony in support of this measure from the University of Hawaiʻi
System. Your Committee received comments
on this measure from the Hawaiʻi
State Ethics Commission.
Your Committee finds that the
commercialization of intellectual property created by basic and applied
research at the University of Hawaii greatly benefits the State by diversifying
employment opportunities, creating a more robust innovation sector, introducing
better performing products, and providing a potential economic return on the
public resources committed to the University.
This measure would allow the University of Hawaii to support its various
activities and initiatives to develop and commercialize the intellectual
property created by university faculty, staff, or alumni, resulting in a more
diverse workforce and dynamic economy in the State.
Your Committee has amended this measure by:
(1) Changing the effective date to June 29, 3000, to encourage further discussion; and
(2) Making a technical, nonsubstantive amendment for the purposes of clarity, consistency, and style.
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 H.B. No. 2502, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2502, H.D. 1, 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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____________________________ AMY A. PERRUSO, Chair |
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