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HI HCR47

Concurrent Resolution

Status

Introduced

2/28/2018

Primary Sponsor

Angus McKelvey

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Origin

House of Representatives

2018 Regular Session

AI Summary

  • Urges the Department of Business, Economic Development and Tourism to strengthen economic relations between Hawaii and Australia and pursue opportunities for increased investment and economic cooperation.

  • Highlights Australia's $1.1 trillion in overseas investment with the United States and its fourth-largest pool of pension funds globally available for investment opportunities.

  • Notes Hawaii's strategic geographic location in the Pacific Ocean and existing military ties through Australia-New Zealand-United States exercises as foundation for economic partnership.

  • Requires the Department to submit a report on activities undertaken to strengthen Hawaii-Australia economic relations.

  • Directs certified copies of the resolution be transmitted to the Director of Business, Economic Development and Tourism.

Legislative Description

Urging The Department Of Business, Economic Development And Tourism To Strengthen Hawaii's Economic Relations And Increase And Develop Additional Investment And Economic Opportunities With Australia.

Urging the Department of Business, Economic Development and Tourism to strengthen economic relations between Hawaii and Australi

Last Action

Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Souki excused (1).

3/28/2018

Committee Referrals

Finance3/28/2018
Economic Development & Business3/13/2018

Full Bill Text

No bill text available