STAND. COM. REP. 1018

Honolulu, Hawaii

, 2003

RE: S.B. No. 560

S.D. 2

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Economic Development and Business Concerns, to which was referred S.B. No. 560, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO SMALL BUSINESS DEVELOPMENT,"

begs leave to report as follows:

The purpose of this bill is to appropriate funds for the Small Business Development Center (SBDC) as follows:

(1) Restore previously waived indirect fees on federal and state grants to the University of Hawaii;

(2) Restore funds previously advanced to open a center in Kailua-Kona in compliance with requirements of the U.S. Small Business Administration;

(3) Restore salary reductions made in 2002; and

(4) Expand the economic development program at SBDC.

In addition, the bill also requires SBDC to report to the Legislature on the types and categories of services provided to small businesses in the State, increases in the volume of business generated by participating businesses, the categories of businesses served, and any other information relevant to assessing the performance of SBDC.

SBDC and the University of Hawaii at Hilo supported this bill.

The Department of Business, Economic Development, and Tourism supported the intent of this bill.

Your Committee has amended this bill by changing its effective date to July 1, 2020, to facilitate further discussion.

As affirmed by the record of votes of the members of your Committee on Economic Development and Business Concerns that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 560, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 560, S.D. 2, H.D. 1, and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Economic Development and Business Concerns,

 

____________________________

BRIAN SCHATZ, Chair