STAND. COM. REP. NO. 1069

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 677
                                        H.D. 1
                                        S.D. 1




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

Sir:

     Your Committees on Economic Development and Education and
Technology, to which was referred H.B. No. 677, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO AN OCEAN FLOATING, ALL-
     NATURAL CLEAN ENERGY POWER STATION,"

beg leave to report as follows:
     
     The purpose of this measure is to appropriate funds to the
University of Hawaii to study the feasibility of constructing and
operating an ocean floating, all natural clean energy power
station in Hawaii.

     Your Committees received testimony in support of this
measure from the Department of Business, Economic Development,
and Tourism, the University of Hawai`i, and Makai Ocean
Engineering.

     Your Committees find that in 1997, the Legislature provided
$50,000 to the Hawaii Natural Energy Institute to sponsor an
International Ocean Alliance Summit on the development of a
sustainable resource floating platform.  This meeting drew over
one hundred conferees from industry, government, and academia
throughout the world, and the University will be submitting a
final report on the summit later this summer.

     Your Committees understand that the appropriation for a
follow-up feasibility study in this measure will be matched by

 
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                                   STAND. COM. REP. NO. 1069
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industry, the federal government, and key partner countries, such
as Japan.

     Your Committees have amended this measure to change the
appropriation amount from $1 to $100,000.

     As affirmed by the records of votes of the members of your
Committees on Economic Development and Education and Technology
that are attached to this report, your Committees are in accord
with the intent and purpose of H.B. No. 677, H.D. 1, as amended
herein, and recommend that it pass Second Reading in the form
attached hereto as H.B. No. 677, H.D. 1, S.D. 1, and be referred
to the Committee on Ways and Means.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committees on Economic
                                   Development and Education and
                                   Technology,



____________________________       ______________________________
DAVID Y. IGE, Chair                LORRAINE R. INOUYE, Chair

 
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