STAND. COM. REP. NO.  735-14

 

Honolulu, Hawaii

                , 2014

 

RE:   H.B. No. 2152

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2152, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE PACIFIC INTERNATIONAL SPACE CENTER FOR EXPLORATION SYSTEMS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to stimulate economic growth for the State and continue to develop the State's emerging aerospace sector by:

 

     (1)  Appropriating general funds to support various administrative and general tasks, and specific strategic program initiatives, of the Pacific International Space Center for Exploration Systems; and

 

     (2)  Authorizing the issuance of general obligation bonds to support the development of a research and development park for the Pacific International Space Center for Exploration Systems.  

 

     The Department of Business, Economic Development, and Tourism; University of Hawaii at Hilo; a Hawaii County Council Member; Pacific International Space Center for Exploration Systems; JAMSS America, Inc.; Ferraro Choi; NASA Ames Research Center; Paragon Space Development Corporation; NASA Kennedy Space Center; Shackleton Energy Company; Near Earth LLC; International Ventures Associates; and a few concerned individuals testified in support of 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. 2152, 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