STAND. COM. REP. NO.964-02
RE: H.R. No. 126
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Your Committee on Energy and Environmental Protection, to which was referred H.R. No. 126 entitled:
"HOUSE RESOLUTION REQUESTING A FEASIBILITY STUDY ON ISSUING REVENUE BONDS OR OTHER FORMS OF REVENUE FINANCING FOR RENEWABLE ENERGY SYSTEMS IN PUBLIC FACILITIES,"
begs leave to report as follows:
The purpose of this resolution is to promote renewable energy and energy efficiency in state facilities by requesting the Department of Business, Economic Development, and Tourism (DBEDT) to conduct a feasibility study on issuing revenue bonds or other forms of revenue financing to finance the acquisition, construction, rehabilitation, installation, or improvement of renewable, distributive energy facilities and energy efficiency measures in state facilities.
The Hawaii Renewable Energy Alliance, Life of the Land, and a concerned individual supported this resolution. DBEDT supported the intent of this measure.
Your Committee notes that DBEDT is in the midst of a two-year study entitled "Renewable Energy Research, Development, Commercialization, and Export Promotion Plan for Hawaii (Plan)" The Plan's scope encompasses significant portions of the subject matter of the feasibility study requested by this measure.
Your Committee has amended this measure by:
(1) Requesting DBEDT to include in its Plan, the subject matter of the requested feasibility study;
(2) Amending the title to read: REQUESTING THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM TO INCLUDE IN ITS "RENEWABLE ENERGY RESEARCH, DEVELOPMENT, COMMERCIALIZATION, AND EXPORT PROMOTION PLAN FOR HAWAII", A PLAN FOR THE ISSUANCE OF REVENUE BONDS OR OTHER FORMS OF REVENUE FINANCING FOR RENEWABLE ENERGY SYSTEMS IN PUBLIC FACILITIES; and
(3) Making technical, nonsubstantive amendments for clarity, consistency, and style.
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 concurs with the intent and purpose of H.R. No. 126, as amended herein, and recommends that it be referred to the Committee on Finance in the form attached hereto as H.R. No. 126, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Energy and Environmental Protection,
HERMINA M. MORITA, Chair