STAND. COM. REP. NO. 2915

 

Honolulu, Hawaii

                  

 

RE:    H.B. No. 1853

       H.D. 2

 

 

 

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

 

Sir:

 

     Your Committee on Transportation and Energy, to which was referred H.B. No. 1853, H.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST BIOENERGY HAWAII, LLC,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to extend the authorization of the issuance of special purpose revenue bonds to BioEnergy Hawaii, LLC, for the purpose of establishing a cogeneration facility and related energy production facilities from June 30, 2016, to June 30, 2021.

 

     Your Committee received testimony in support of this measure from the Department of Transportation, BioEnergy Hawaii, LLC; Hawaii Gas; Ulupono Initiative; and one individual.

 

     Your Committee finds that BioEnergy Hawaii, LLC, is a Hawaii limited liability company, which is owned and managed by Pacific Waste, Inc., a Hawaii Corporation with its principal offices in Kailua-Kona, Hawaii.  BioEnergy Hawaii's primary business is the design, construction, and operation of one or more bioconversion facilities in the State of Hawaii.  Its proposed facility will sort, separate, and process commercial municipal solid waste into a usable materials and feedstock.  The separated feedstocks will be converted through integrated technology designed to produce renewable energy.

 

     Your Committee further finds that this measure will provide BioEnergy Hawaii, LLC, with adequate time to fulfill all the necessary requirements prior to the bond issuance.

 

     As affirmed by the record of votes of the members of your Committee on Transportation and Energy that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1853, H.D. 2, and recommends that it pass Second Reading and be referred to your Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committee on Transportation and Energy,

 

 

 

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LORRAINE R. INOUYE, Chair