STAND. COM. REP. NO.  65

 

Honolulu, Hawaii

                , 2007

 

RE:   H.B. No. 194

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Sir:

 

     Your Committee on Higher Education, to which was referred H.B. No. 194 entitled:

 

"A BILL FOR AN ACT RELATING TO THE NATURAL ENERGY LABORATORY OF HAWAII AUTHORITY,"

 

begs leave to report as follows:

 

     The purpose of this bill is to assist the Natural Energy Laboratory of Hawaii Authority (NELHA) in expanding its capability to produce returns through entering into joint ventures with prospective tenants by authorizing it to acquire, hold, and sell qualified securities.

 

     NELHA testified in support of this bill.

 

     As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 194 and recommends that it pass Second Reading and be referred to the Committees on Economic Development & Business Concerns and Energy & Environmental Protection.

 

 

Respectfully submitted on behalf of the members of the Committee on Higher Education,

 

 

 

 

____________________________

JERRY L. CHANG, Chair