Honolulu, Hawaii



RE:    H.B. No. 526

       H.D. 1

       S.D. 2




Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii




     Your Committee on Ways and Means, to which was referred H.B. No. 526, H.D. 1, S.D. 1, entitled:




begs leave to report as follows:


     The purpose and intent of this measure is to expand and support Hawaii's high technology industry by:


     (1)  Requiring the Department of Business, Economic Development, and Tourism and the High Technology Development Corporation to plan for the establishment of a high technology park or technology incubator facility on the island of Oahu; and


     (2)  Appropriating funds for infrastructure for a high technology park or technology incubator facility.


     Your Committee received written comments in support of this measure from Yuka Nagashima, Executive Director and Chief Executive Officer, High Technology Development Corporation; The Chamber of Commerce of Hawaii; James P. Karins, President, Pukoa Scientific; and Karl Fooks, President, Hawaii Strategic Development Corporation.


     Your Committee finds that Hawaii's technology and defense-related industries are burgeoning industries that have created numerous jobs in Hawaii.  As these industries continue to expand, the State must be able to meet the demand for highly skilled, highly specialized labor.  This measure will help the State prepare Hawaii's current and future workforce to adequately deal with the unique challenges of working in high technology industries.


     Your Committee has amended this measure by:


     (1)  Requiring the Department of Business, Economic Development, and Tourism to submit a preliminary report and a final report to the Legislature no later than twenty days prior to the convening of the regular session of 2012 and 2013, respectively; and


     (2)  Changing the effective date to July 1, 2050, to facilitate further discussion on the measure.


     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 526, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 526, H.D. 1, S.D. 2.


Respectfully submitted on behalf of the members of the Committee on Ways and Means,