STAND. COM. REP. NO.247-02

Honolulu, Hawaii

, 2002

RE: H.B. No. 2184

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Energy and Environmental Protection, to which was referred H.B. No. 2184 entitled:

"A BILL FOR AN ACT RELATING TO ENERGY,"

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of up to $100,000,000 in revenue bonds to finance the acquisition, construction, rehabilitation, installation, and improvement of solar energy, energy conservation, and renewable energy facilities and equipment by the State.

Your Committee finds that this measure is consistent with the achievement of the State's objectives and policies with regard to energy (section 226-18(a), Hawaii Revised Statutes), which are:

(1) Dependable, efficient, and economical statewide energy systems capable of supporting the needs of the people;

(2) Increased energy self-sufficiency where the ratio of indigenous to imported energy use is increased;

(3) Greater energy security in the face of threats to Hawaii's energy supplies and systems; and

(4) Reduction, avoidance, or sequestration of greenhouse gas emissions from energy supply and use.

Your Committee received testimony in support of this measure from the Department of Accounting and General Services, the Hawaii Renewable Energy Alliance, and the Hawaii Chapter of the Sierra Club. The Department of Business, Economic Development, and Tourism and the Hawaii Solar Energy Association commented on this measure.

Your Committee has amended this measure by:

(1) Deleting the provision requiring the revenue bonds to be issued during fiscal years 2002-2003 and 2003-2004; and

(2) Adding a provision to lapse the authorization to issue revenue bonds under this measure on June 30, 2004.

As affirmed by the record of votes of the members of your Committee on Energy and Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2184, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2184, H.D. 1, and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Energy and Environmental Protection,

 

____________________________

HERMINA M. MORITA, Chair