STAND. COM. REP. 820

Honolulu, Hawaii

, 2003

RE: H.B. No. 1127

H.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1127, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ENERGY RESOURCES,"

begs leave to report as follows:

The purpose of this bill is to ensure that the Department of Business, Economic Development, and Tourism (DBEDT) has sufficient time to complete the comprehensive review and analysis of the price cap mechanism and policy options to lower Hawaii's gasoline prices by extending the deadline to complete this study to twenty days prior to the Regular Session of 2004.

DBEDT testified in support of this measure.

Your Committee has amended this bill by 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 Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1127, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1127, H.D. 2.

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

 

____________________________

DWIGHT Y. TAKAMINE, Chair