Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Energy and Environmental Protection, to which was referred S.B. No. 484, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to authorize special purpose revenue bonds in an amount not to exceed $25,000,000 to assist Hilo Coast Power Company (HCPC), a division of Brewer Environmental Industries, LLC, to construct a waste-to-energy facility near Hilo.

Your Committee received testimony in support of this measure from the Department of Business, Economic Development, and Tourism and from Richard Hill, president of the Hilo Coast Power Company. Testimony in opposition was received from a concerned citizen.

Your Committee has amended this bill by:

Your Committee would like to note that by recommending that this measure pass Second Reading it is not conveying to the county any preference in the county's decision making process, including requests for proposals, permitting, or approval.

As affirmed by the record of votes of the members of your Committee on Energy and Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 484, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 484, S.D. 1, H.D. 1, and be referred to the Committee on Finance.