STAND.
COM. REP. NO. 1216-20
Honolulu, Hawaii
, 2020
RE: S.B. No. 1443
S.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2020
State of Hawaii
Sir:
Your Committee on Economic Development & Business, to which was referred S.B. No. 1443, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION,"
begs leave to report as follows:
Your Committee
received comments on this measure from the Hawaii Technology Development
Corporation.
Your Committee finds that continued support for manufacturing is important to Hawaii's economy. Your Committee further finds that limiting a company from receiving grants from the Manufacturing Development Program in consecutive years will enable more companies to benefit from the Program's grants.
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 S.B. No. 1443, S.D. 1, and recommends that it pass Second Reading and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Economic Development & Business,
|
|
____________________________ ANGUS L.K. McKELVEY, Chair |
|
|
|