STAND. COM. REP. NO.  15-18

 

Honolulu, Hawaii

                , 2018

 

RE:   H.B. No. 1959

      H.D. 1

 

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

 

Sir:

 

     Your Committee on Economic Development & Business, to which was referred H.B. No. 1959 entitled:

 

"A BILL FOR AN ACT RELATING TO INNOVATIVE ACTIVITY DEVELOPMENT,"

 

begs leave to report as follows:

 

     The purpose of this measure is to support the development of Hawaii's innovative economic sector by expanding the duties and functions of the Department of Business, Economic Development, and Tourism to include innovative activity development.

 

     The Department of Business, Economic Development and Tourism, Hawaii Strategic Development Corporation, Hawaii Farm Bureau, Hoomanapono Political Action Committee, and Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii testified in support of this measure.

 

     Your Committee has amended this measure by:

 

     (1)  Clarifying that the Department of Business, Economic Development, and Tourism shall promote various innovative activity opportunities for investors and talent to meet and interact at cultural, art, entertainment, culinary, athletic, or visitor-oriented events having a business focus;

 

     (2)  Changing its effective date to July 1, 2112, to facilitate further discussion; and

 

     (3)  Making technical, nonsubstantive amendments for clarity, consistency, and style.

 

     As affirmed by the record of votes of the members of your Committee on Economic Development & Business that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1959, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1959, H.D. 1, and be referred to your Committee on Finance.

 

 

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

 

 

 

 

____________________________

CINDY EVANS, Chair