STAND. COM. REP. NO.  734-16

 

Honolulu, Hawaii

                , 2016

 

RE:   H.B. No. 2259

      H.D. 2

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2259, H.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO ECONOMIC LEAKAGE,"

 

begs leave to report as follows:

 

     The purpose of this measure is to ensure that the State receives the maximum benefits from its tourism industry by requiring the Department of Business, Economic Development, and Tourism to prepare a report that examines the leakages between the State's tourism industry and other local industries of the State for the purposes of reducing economic leakage and improving the State's economic input-output model.

 

     The Hawaii State Teachers Association, IMUAlliance, and an individual provided testimony in support of this measure. The Department of Business, Economic Development, and Tourism provided comments.

 

     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. 2259, H.D. 2, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair