STAND. COM. REP. NO. 764-18
RE: H.B. No. 1958
Honorable Scott K. Saiki
Speaker, House of Representatives
Twenty-Ninth State Legislature
Regular Session of 2018
State of Hawaii
Your Committee on Finance, to which was referred H.B. No. 1958, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION,"
begs leave to report as follows:
The purpose of this measure is to appropriate moneys to continue the small business innovation research program and to authorize the Hawaii Technology Development Corporation to match federal small business innovation research phase III or small business technology transfer program phase III awards, including those funded by the private sector or government sources outside of the program.
AlgorithmHub Inc., Ho‘omanapono Political Action Committee, Hawaii Biotech Inc., Hyperspective, Kuehnle AgroSystems Inc., Makai Ocean Engineering, Inc., Oceanit, Premier Solutions LLC, Spectrum Photonics, and two concerned individuals supported this measure. Hawaii Technology Development Corporation and The Chamber of Commerce Hawaii offered comments for 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. 1958, 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