STAND. COM. REP. NO. 837-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2564
                                     H.D. 2




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No.
2564, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO EMPLOYMENT SECURITY,"

begs leave to report as follows:

     The purpose of this bill is to continue to provide
occupational skills for Hawaii's workforce by phasing out the
Employment and Training Fund (ETF) Program over a period of three
years by reducing the ETF's assessment rate by a third each year.

     Shriners Hospitals for Children, Napili Kai Beach Resort,
the Hawaii Fashion Industry Association, the Hawaii Business
League, HPM Building Supply, Pacific Business Insights, the
Hawaii Agriculture Research Center, HTH Corporation, the Oceanic
Institute, Showcases, Etc., John Mullen & Company, Inc., and
Times Supermarket testified in support of this measure.  The
Department of Labor and Industrial Relations submitted comments.

     Your Committee has amended this measure by:

     (1)  Not specifying the year when the ETF will expire; and

     (2)  Making technical, nonsubstantive amendments for
          purposes of clarity and style.


 
 
 
 
 
                                 STAND. COM. REP. NO. 837-00
                                 Page 2

 
     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 H.B. No.
2564, H.D. 1, as amended herein, and recommends that it pass
Third Reading in the form attached hereto as H.B. No. 2564, H.D.
2.

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair