STAND. COM. REP. NO.  723-14

 

Honolulu, Hawaii

                , 2014

 

RE:   H.B. No. 2481

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2481, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE HAWAII HIGH IMPACT CENTER FOR COMMERCIALIZATION,"

 

begs leave to report as follows:

 

     The purpose of this measure is to support economic development and technology commercialization in Hawaii by establishing the Hawaii High Impact Center for Commercialization to support Hawaii-based small businesses in the fields of dual-use technology, agriculture development, molecular manufacturing, humanitarian assistance, and disaster management and response.

 

     The University of Hawaii; Oceanit; and Spectrum Photonics, Inc., testified in support of this measure.  The Hawaii Strategic Development Corporation commented on this measure.

 

     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. 2481, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair