Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committees on Energy and Environmental Protection and Consumer Protection and Commerce, to which was referred H.B. No. 1127 entitled:

beg leave to report as follows:

The purpose of this bill is to ensure that the Department of Business, Economic Development, and Tourism (DBEDT) has sufficient time to complete the comprehensive review and analysis of the price cap mechanisms and policy options to lower Hawaii's gasoline prices by extending the deadline to complete this study to twenty days prior to the 2004 Regular Session.

DBEDT testified in support of this measure.

Your Committees find that the scope of the study requires more time than previously allotted and that the additional time will ensure that the study is comprehensive and thorough.

Your Committees have amended this bill by making technical, nonsubstantive amendments for purposes of clarity and style.

As affirmed by the records of votes of the members of your Committees on Energy and Environmental Protection and Consumer Protection and Commerce that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 1127, as amended herein, and recommend that it pass Second Reading in the form attached hereto as H.B. No. 1127, H.D. 1, and be referred to the Committee on Finance.