STAND. COM. REP. NO.471
RE: H.B. No. 1770
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Your Committee on Finance, to which was referred H.B. No. 1770, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO PUBLIC UTILITIES,"
begs leave to report as follows:
The purpose of this bill is to protect Hawaii's consumers by bringing oil companies under the regulatory jurisdiction of the Public Utilities Commission (PUC) to facilitate access to oil pricing information and to require justification for gasoline prices.
Hawaii Renewable Energy Alliance and several concerned individuals submitted testimony in support of this measure.
The Department of Business, Economic Development, and Tourism, Division of Consumer Advocacy, Tesoro Hawaii Corporation, and Western States Petroleum Association opposed this measure. The PUC submitted comments.
Your Committee has amended this bill by making technical, nonsubstantive amendments for purposes of clarity 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. 1770, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1770, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
DWIGHT Y. TAKAMINE, Chair