STAND. COM. REP. NO. 3698
RE: H.B. No. 2174
Honorable Ronald D. Kouchi
President of the Senate
Twenty-Ninth State Legislature
Regular Session of 2018
State of Hawaii
Your Committee on Ways and Means, to which was referred H.B. No. 2174, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM,"
begs leave to report as follows:
The purpose and intent of this measure is to establish the high-growth grant program to provide businesses with a proven ability to export products with assistance in expanding, improving productivity, and investing in food safety or quality control programs.
Your Committee received written comments in support of this measure from the Department of Business, Economic Development, and Tourism; Makai Ocean Engineering, Inc.; Hawaii Farm Bureau Federation; Chamber of Commerce Hawaii; and Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii.
Your Committee received written comments on this measure from the Department of Budget and Finance.
Your Committee finds that this measure will help to diversify Hawaii's economy by assisting businesses in expanding into value added production and making products that can compete in the global marketplace.
Your Committee has amended this measure by:
(1) Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and
(2) Making technical nonsubstantive amendments for the purposes of clarity, consistency, and style.
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. 2174, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2174, H.D. 1, S.D. 1.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
DONOVAN M. DELA CRUZ, Chair