CONFERENCE COMMITTEE REPORT NO. 11

                            Honolulu, Hawaii
                                            , 2000

                            RE:   H.B. No. 2183
                                  H.D. 1
                                  S.D. 1
                                  C.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Conference on the disagreeing vote of the
House of Representatives to the amendments proposed by the Senate
in H.B. No. 2183, H.D. 1, S.D. 1, entitled:

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

having met, and after full and free discussion, has agreed to
recommend and does recommend to the respective Houses the final
passage of this bill in an amended form.

     The purpose of this bill is to authorize the issuance of
special purpose revenue bonds to assist Worldwide Energy Group,
Inc. in the planning, design, construction, and operation of the
Hawaii Sugar Ethanol Project.  

     Your Committee on Conference has amended this bill by:

     (1) Requiring that the Department of Budget and Finance
         report to the Legislature regarding any "status" made
         with respect to the issuance of the special revenue
         bonds as opposed to any "progress"; and

 
 
                            CONFERENCE COMMITTEE REPORT NO. 11
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     (2) Making technical, nonsubstantive changes for purposes of
         clarity.

     As affirmed by the record of votes of the managers of your
Committee on Conference that is attached to this report, your
Committee on Conference is in accord with the intent and purpose
of H.B. No. 2183, H.D. 1, S.D. 1, as amended herein, and
recommends that it pass Final Reading in the form attached hereto
as H.B. No. 2183, H.D. 1, S.D. 1, C.D. 1.

                                   Respectfully submitted on
                                   behalf of the managers:

  ON THE PART OF THE SENATE          ON THE PART OF THE HOUSE
                                   
                                   
                                   
                                   
______________________________     ______________________________
LORRAINE R. INOUYE, Co-Chair       HERMINA M. MORITA, Co-Chair
                                   
                                   
                                   
                                   
______________________________     ______________________________
JONATHAN CHUN, Co-Chair            FELIPE P. ABINSAY, JR., Co-Chair
                                   
                                   
                                   
                                   
                                   ______________________________
                                   WILLIE C. ESPERO, Co-Chair