STAND. COM. REP. NO. 343
RE: S.B. No. 1053
Honorable Ronald D. Kouchi
President of the Senate
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Your Committee on Energy, Economic Development, and Tourism, to which was referred S.B. No. 1053 entitled:
"A BILL FOR AN ACT RELATING TO THE HAWAII COMMUNITY-BASED ECONOMIC DEVELOPMENT TECHNICAL AND FINANCIAL ASSISTANCE PROGRAM,"
begs leave to report as follows:
The purpose and intent of this measure is to expand the eligibility of organizations that can receive Community-based Economic Development (CBED) technical assistance.
Your Committee received testimony in support of this measure from the Department of Business, Economic Development, and Tourism and Hawai‘i Primary Care Association.
Your Committee finds that technical assistance is an important component of CBED technical assistance and should not only support community-based organizations, but also for-profit businesses, including recipients of CBED microloans. Your Committee further finds that expanding those organizations that are eligible for CBED technical assistance will allow the Department of Business, Economic Development, and Tourism (DBEDT) to better assist in their success and viability. This measure will provide greater opportunity for for-profit businesses to participate in the CBED program and also enable DBEDT's CBED program to be more responsive in addressing community-based economic development needs and opportunities.
Your Committee has
amended this measure by making
technical, nonsubstantive amendments for the purposes of clarity and
As affirmed by the record of votes of the members of your Committee on Energy, Economic Development, and Tourism that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1053, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1053, S.D. 1, and be referred to your Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Energy, Economic Development, and Tourism,
GLENN WAKAI, Chair