STAND. COM. REP. NO. 1048

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 1595
                                        H.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Labor and Environment, to which was
referred H.B. No. 1595, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL
     PURPOSE REVENUE BONDS TO ASSIST WASTE PROCESSING
     ENTERPRISES,"

begs leave to report as follows:
     
     The purpose of this measure is to authorize the issuance of
special purpose revenue bonds in an amount not to exceed
$60,000,000, to assist Plasma Environmental Technologies for
establishment of one or more waste processing facilities.

     Your Committee received testimony in support of this measure
from Plasma Environmental Technology, Kauai Electric and Citizen
Energy Services, and one individual.

     Your Committee finds that the plasma arc system is an
advanced technology for the thermal decomposition of a variety of
wastes, including household, medical, and toxic wastes, tires,
and white goods such as appliances, in an environmentally sound
manner that creates value-added products, such as fuels, glass
bricks, and tiles.

     Your Committee further finds that Kauai Electric has an
agreement with Plasma Environment Technology to purchase the
electricity generated once the system is in operation, and that
agreements have also been reached with Garden Isle Waste and
Honolulu Disposal.

 
a                                                     HB1595 HD1
                                   STAND. COM. REP. NO. 1048
                                   Page 2



     Your Committee is supportive of efforts to develop
innovative waste diversion methods, and reduce Hawaii's
dependence on expensive landfills, while providing greater
protection for the environment.

     As affirmed by the record of votes of the members of your
Committee on Labor and Environment that is attached to this
report, your Committee is in accord with the intent and purpose
of H.B. No. 1595, H.D. 1, and recommends that it pass Second
Reading and be referred to the Committee on Ways and Means.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Labor and
                                   Environment,



                                   ______________________________
                                   BOB NAKATA, Chair

 
a                                                     HB1595 HD1