STAND. COM. REP. NO.713-02
RE: S.B. No. 2669
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 S.B. No. 2669 entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST PROJECTS ON THE ISLANDS OF MAUI AND HAWAII,"
begs leave to report as follows:
The purpose of this measure is to support the development of alternative means of energy generation by authorizing the issuance of up to $55,000,000 in special purpose revenue bonds to assist Pacific Wind Energy LLC in the construction of three wind energy conversion systems on Maui and Hawaii.
Pacific Action Alliance supported this measure.
Your Committee finds that Hawaii must lead the way in the development of wind energy systems and other alternative means of energy generation to replace energy systems that presently contribute large amounts of toxic waste into Hawaii's environment.
Your Committee has amended this measure by making technical, nonsubstantive amendments for purposes of clarity and consistency.
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 S.B. No. 2669, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2669, 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