STAND. COM. REP. NO. 785-24

Honolulu, Hawaii

, 2024

RE: H.B. No. 2502

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2502, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO TECHNOLOGY TRANSFER AT THE UNIVERSITY OF HAWAII,"

begs leave to report as follows:

The purpose of this measure is to make permanent the authority of the University of Hawaii Board of Regents to regulate conflicts of interests and other ethical issues for technology transfer activities sponsored by the University.

Your Committee received testimony in support of this measure from the University of Hawaiʻi System.

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. 2502, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

KYLE T. YAMASHITA, Chair