STAND. COM. REP. NO.  1080

 

Honolulu, Hawaii

                , 2007

 

RE:   H.B. No. 200

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 200, H.D. 1, 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 determine a fair price for deep sea water pumped by the National Energy Laboratory of Hawaii Authority (NELHA) at Keahole, Hawaii that is used for a variety of commercial, research, and educational purposes.  This bill directs:

 

     (1)  The Auditor to conduct a financial and management audit       of NELHA's deep seawater pumping system to evaluate and,         if necessary, determine a rate structure for the                 seawater; and

 

     (2)  NELHA to freeze its rates for pumped seawater pending              the completion of the Auditor's study and to implement        any rate structure determined by the Auditor.

 

     The Hawaii Aquaculture Association testified in support of this bill.  The Office of Hawaiian Affairs supported this measure with amendments.  NELHA offered comments.

 

 

 

     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. 200, H.D. 1, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair