STAND. COM. REP. NO.  1190

 

Honolulu, Hawaii

                , 2007

 

RE:   H.B. No. 1083

      H.D. 2

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 1083, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO HIGH TECHNOLOGY,"

 

begs leave to report as follows:

 

     The purpose of this bill is to support the development of Hawaii's high technology business sector by appropriating $150,000 in fiscal year 2007-2008 to the High Technology Development Corporation (HTDC) to negotiate a ten-year lease and plan, develop, and operate the Asia Pacific International Research Center for high technology in Kakaako.

 

     The University of Hawaii System (UH), UH Office of Technology Transfer and Economic Development, Hawaii Community Development Authority, HTDC, Kamehameha Schols, Geo-Recovery Hawaii, Inc., Hawaii Crop Improvement Association, Hawaii Science & Technology Council, Quantum Leap Interactive, Neptune Technologies Inc., 21st Century Systems, Inc., Pacific Sun Energy Corporation, Phase 3 Properties, KUD International, Cardax Pharmaceuticals, Honolulu Seawater Air Conditioning, LLC, The Audio Visual Company, Ambient Micro, SEE/RESCUE Corporation, and Kuehnle AgroSystems LLC, testified in support of this bill.

 

     Your Committee has amended this bill by:

 

     (1)  Deleting the appropriation amount to facilitate further        discussion;

     (2)  Changing the effective date to July 1, 2020; and

 

     (3)  Making technical, nonsubstantive amendments for clarity,      consistency, and style.

 

     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. 1083, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1083, H.D. 2.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair