STAND. COM. REP. NO.1218-02
Honolulu, Hawaii
, 2002
RE: S.B. No. 484
S.D. 1
H.D. 2
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 484, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST INDUSTRIAL ENTERPRISES,"
begs leave to report as follows:
The purpose of this bill is to authorize the issuance of $25,000,000 in special purpose revenue bonds for the purpose of assisting Hilo Coast Power Company, a Hawaii corporation, in the planning, design, and construction of a waste-to-energy facility at Pepeekeo on the island of Hawaii.
Your Committee has amended this measure by:
(1) Changing the effective date to July 1, 2050, to facilitate further discussion; and
(2) Making technical, nonsubstantive amendments for purposes of clarity, consistency, and style.
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. 484, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 484, S.D. 1, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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