STAND. COM. REP. NO. 2736
RE: S.B. No. 2585
Honorable Donna Mercado Kim
President of the Senate
Twenty-Seventh State Legislature
Regular Session of 2014
State of Hawaii
Your Committee on Ways and Means, to which was referred S.B. No. 2585, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE PACIFIC INTERNATIONAL SPACE CENTER FOR EXPLORATION SYSTEMS,"
begs leave to report as follows:
Specifically, this measure:
(1) Appropriates funds to the Pacific International Space Center for Exploration Systems to support its administrative and general tasks and strategic program initiatives; and
(2) Authorizes the issuance of general obligation bonds to support the preliminary development of the Pacific International Space Center for Exploration Systems' research and development park.
Your Committee received written comments in support of this measure from a Hawaii County Council Member; the Pacific International Space Center for Exploration Systems; National Aeronautics and Space Administration; Ferraro Choi and Associates, Ltd.; Shackleton Energy Company, Inc.; JAMSS America, Inc.; Swamp Works at the NASA Kennedy Space Center; International Ventures Associates; Near Earth, LLC; and five individuals. Written comments on this measure were received from the Department of Business, Economic Development, and Tourism and the University of Hawaii System.
Your Committee finds that the Pacific International Space Center for Exploration Systems has generated considerable interest in applied research and development for planetary surface systems technologies, with participation from the public and private sectors and international organizations. The Pacific International Space Center for Exploration Systems continues to explore and pursue research and development programs for planetary surface system technologies in several strategic areas, stimulate economic growth, and promote the establishment and growth of new sustainable and green industries. Your Committee believes that this measure will advance the State's leadership in the aerospace sector and promote the development of technologies that will expand and diversify economic and workforce opportunities throughout the State.
Your Committee has amended this measure by:
(1) Changing the appropriation from general revenues to an unspecified amount;
(2) Changing the amount of general obligation bonds to be issued and proceeds to be appropriated to unspecified amounts;
(3) Changing the effective date from July 1, 2014, to July 1 2050, to facilitate further discussion on the measure; and
(4) Making technical nonsubstantive amendments for 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 S.B. No. 2585, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2585, S.D. 2.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
DAVID Y. IGE, Chair