STAND. COM. REP. 1244

Honolulu, Hawaii

, 2003

RE: H.R. No. 100

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Energy and Environmental Protection, to which was referred H.R. No. 100 entitled:

"HOUSE RESOLUTION REQUESTING THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM TO INCLUDE IN ITS "RENEWABLE ENERGY RESEARCH, DEVELOPMENT, COMMERCIALIZATION, AND EXPORT PROMOTION PLAN FOR HAWAII", A PLAN FOR THE ISSUANCE OF REVENUE BONDS OR OTHER FORMS OF REVENUE FINANCING FOR RENEWABLE ENERGY SYSTEMS IN PUBLIC FACILITIES,"

begs leave to report as follows:

The purpose of this resolution is to request the Department of Business, Economic Development, and Tourism (DBEDT) to include a component addressing financing of renewable energy projects using revenue bonds in their upcoming study, "Renewable Energy Research, Development, Commercialization, and Export Promotion Plan for Hawaii."

Powerlight Corporation and R & R Solar Supply testified in support of the measure. DBEDT and the Hawaii Renewable Energy Alliance supported the intent of the measure.

Your Committee has amended this resolution by:

 

(1) Changing its title to read: "REQUESTING THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM TO RECOMMEND A PLAN FOR THE ISSUANCE OF REVENUE BONDS OR OTHER FORMS OF REVENUE FINANCING FOR RENEWABLE ENERGY SYSTEMS IN PUBLIC FACILITIES";

(2) Amending the projected completion date for the report, "Renewable Energy Research, Development, Commercialization, And Export Promotion Plan For Hawaii," to June 30, 2003;

(3) Deleting the requirement that DBEDT include its plan for the issuance of revenue bonds or other forms of revenue financing for renewable energy development in their study, "Renewable Energy Research, Development, Commercialization, And Export Promotion Plan For Hawaii;" and

(4) Making technical, nonsubstantive amendments for purposes of style and clarity.

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 concurs with the intent and purpose of H.R. No. 100, as amended herein, and recommends that it be referred to the Committee on Finance in the form attached hereto as H.R. No. 100, H.D. 1.

 

Respectfully submitted on behalf of the members of the Committee on Energy and Environmental Protection,

 

____________________________

HERMINA M. MORITA, Chair