Tourism & Conference Promotion

Establishes the national and international conference promotion
revolving fund to provide startup moneys to qualified Hawaii
organizations for the planning, organizing, marketing, and
producing of national and international conferences in Hawaii.

HOUSE OF REPRESENTATIVES                H.B. NO.           
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            

                   A  BILL  FOR  AN  ACT



 1      SECTION 1.  The purpose of this Act is to:
 2      (1)  Increase the number of national and international
 3           conferences held in Hawaii by providing "seed money" to
 4           Hawaii organizations to plan, organize, market, and
 5           produce conferences;
 6      (2)  Promote Hawaii as a center for international and
 7           national conferences;
 8      (3)  Promote education and knowledge-related tourism in
 9           Hawaii by attracting out-of-state attendees; and
10      (4)  Promote the export of Hawaii's professional services
11           through professional conferences that are held in
12           Hawaii.
13      The legislature finds that there are many professional
14 organizations and businesses in Hawaii with outstanding
15 reputations and long histories.  There are also many Hawaii
16 members of these organizations who hold titles as directors,
17 officers, or other high posts in related or affiliated
18 international and national organizations.
19      The legislature also finds that many Hawaii organizations

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 1 have outstanding ideas for national and international conferences
 2 that could be held in Hawaii.  These organizations have the human
 3 resources and contacts to plan, organize, market, and produce
 4 these conferences.  These conferences, after proceeds are
 5 received from registration and other participation fees, can
 6 cover all costs and even achieve a profit for the organization.
 7 What is lacking, however, is the startup or "seed money"
 8 necessary to get a conference off the ground.
 9      The legislature further finds that if a revolving fund was
10 established to provide the necessary startup moneys to qualified
11 organizations to plan, organize, market, and produce a
12 conference, many more national and international conferences
13 could be held in Hawaii.  These startup moneys would be repaid by
14 the organization after the conference is completed.  The
15 repayments would be deposited back into the revolving fund for
16 lending again.
17      SECTION 2.  Chapter 201, Hawaii Revised Statutes, is amended
18 by adding a new section to be appropriately designated and to
19 read as follows:
20      "201-     National and international conference promotion
21 revolving fund.  (a)  There is established in the state treasury
22 the national and international conference promotion revolving
23 fund into which shall be deposited all moneys received as

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 1 repayment of loans and late fees as provided in this chapter.
 2 The purpose of the revolving fund shall be to provide startup
 3 moneys to qualified Hawaii organizations for the planning,
 4 organizing, marketing, and producing of national and
 5 international conferences in Hawaii.
 6      (b)  For the purposes of this section:
 7      "Conferences" include seminars and symposia.
 8      "National and international conferences" mean knowledge-
 9 sharing events that will attract not less than five hundred
10 attendees, of which not less than one hundred attendees will be
11 from outside the State.
12      "Qualified Hawaii organizations" mean professional, trade,
13 educational, commercial, and charitable organizations chartered
14 and incorporated in the State for not less than five years.
15      (c)  Loans from the revolving fund shall not exceed $20,000,
16 per qualified Hawaii organization per national or international
17 conference, and shall be paid back to the revolving fund not more
18 than three months after the completion of the conference.  The
19 director of business, economic development, and tourism shall
20 administer the revolving fund and may consult with the Hawaii
21 tourism authority on any matter coming under this section.  The
22 Hawaii tourism authority shall assist the department of business,
23 economic development, and tourism in carrying out the purposes of

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 1 this section.
 2      (d)  No interest shall be charged on loans made from the
 3 revolving fund; provided that a late fee of five per cent per
 4 month shall be assessed on the outstanding principal of the loan
 5 and any accumulated late fees.
 6      (e)  The department of business, economic development, and
 7 tourism shall adopt rules in accordance with chapter 91 to carry
 8 out the purposes of this section.
 9      (f)  The department of business, economic development, and
10 tourism may utilize a portion of the moneys contained in the
11 revolving fund for programs associated with administering the
12 fund and its mandated purpose."
13      SECTION 3.  There is appropriated out of the general
14 revenues of the State of Hawaii the sum of $250,000, for fiscal
15 year 1999-2000, to be paid into the national and international
16 conference promotion revolving fund created in section 2 of this
17 Act.  The sum appropriated shall be expended by the department of
18 business, economic development, and tourism for the purposes of
19 the revolving fund.
20      SECTION 4.  New statutory material is underscored.
21      SECTION 5.  This Act shall take effect on July 1, 1999.
23                           INTRODUCED BY:_________________________