STAND. COM. REP. NO.  97-10

 

Honolulu, Hawaii

                , 2010

 

RE:   H.B. No. 2447

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Sir:

 

     Your Committee on Economic Revitalization, Business, & Military Affairs, to which was referred H.B. No. 2447 entitled:

 

"A BILL FOR AN ACT RELATING TO OUT-OF-STATE OFFICES,"

 

begs leave to report as follows:

 

     The purpose of this bill is to ensure that the Department of Business, Economic Development, and Tourism (DBEDT) is fiscally accountable by requiring the Auditor to conduct a management and financial audit of DBEDT's out-of-state offices at least every two years.

 

     DBEDT supported the intent of this bill.

 

     Your Committee finds that DBEDT's overseas offices in Taipei and Beijing provide a vital link to the rapidly growing economies of Greater China and play a key role in shaping the future of Hawaii's economy.  This bill will provide the financial accountability that is also essential during these difficult economic times.

 

     As affirmed by the record of votes of the members of your Committee on Economic Revitalization, Business, & Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2447 and recommends that it pass Second Reading and be referred to the Committee on Legislative Management.

 

 

Respectfully submitted on behalf of the members of the Committee on Economic Revitalization, Business, & Military Affairs,

 

 

		____________________________ ANGUS L.K. MCKELVEY, Chair