STAND. COM. REP. NO. 3159

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  S.C.R. No. 68
                                        




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Economic Development, to which was
referred S.C.R. No. 68 entitled:

     "SENATE CONCURRENT RESOLUTION REQUESTING THE HAWAII
     INSTITUTE OF PUBLIC AFFAIRS TO CONDUCT A PUBLIC POLICY
     REPORT ON HAWAII AND THE NEW ECONOMY,"

begs leave to report as follows:

     The purpose of this measure is to request the Hawaii
Institute of Public Affairs to conduct a public policy report on
Hawaii and the new economy.

     Testimony in favor of this measure was submitted by the
Department of Commerce and Consumer Affairs, High Technology
Development Corporation, Hawaii Commission on the Status of
Women, University of Hawaii Professional Assembly, Hawaii
Institute for Public Affairs (HIPA), Hawaii Association of
REALTORS, and four individuals.

     Your Committee finds that Hawaii's role and place in the
emerging new economy has not been clearly defined, and that the
impact of a new economic order in the State is uncertain.  A
recent report by the Progressive Policy Institute ranked Hawaii
in a number of technology related indexes, but there may be
additional characteristics specific to Hawaii that should also be
considered in assessing factors for success.

     Your Committee has heard that the study and subsequent
report outlined in this measure will be a cooperative venture

 
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among various individuals and organizations, and will draw on a
number of sources for necessary funding.  Your Committee is
supportive of the cooperative nature of this effort and
encourages HIPA to work with state agencies as well.

     As affirmed by the record of votes of the members of your
Committee on Economic Development that is attached to this
report, your Committee concurs with the intent and purpose of
S.C.R. No. 68, and recommends that it be referred to the
Committee on Ways and Means.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Economic
                                   Development,



                                   ______________________________
                                   LORRAINE R. INOUYE, Chair

 
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