STAND. COM. REP. NO.1366

Honolulu, Hawaii

, 2001

RE: S.B. No. 1435

S.D. 1

H.D. 1

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 1435, S.D. 1, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HYDROGEN RESEARCH AND DEVELOPMENT,"

begs leave to report as follows:

The purpose of this bill is to encourage and support the research and development of hydrogen as a fuel source by:

(1) Establishing the Hydrogen Public/Private Partnership to support and promote hydrogen use in Hawaii's energy economy; and

(2) Appropriating an unspecified amount to support hydrogen research and development efforts.

Testimony in support of this measure was submitted by the University of Hawaii, The Hydrogen Renewable Energy Enterprise, LLC, The Gas Company, Apollo Energy Corporation, Vertical Wind Turbine Technologies, LLC, Scheibert Energy Company, and the energy coordinator for the County of Kauai. The Department of Business, Economic Development, and Tourism, Hawaiian Electric Company, and its subsidiary utilities, Maui Electric Company and Hawaii Electric Light Company, and Hawaii Renewable Energy Alliance supported the intent of this bill.

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 S.B. No. 1435, S.D. 1, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

DWIGHT Y. TAKAMINE, Chair