CONFERENCE COMMITTEE REP. NO.60
Honolulu, Hawaii
, 2005
RE: H.B. No. 1238
H.D. 1
S.D. 2
C.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Honorable Robert Bunda
President of the Senate
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 1238, H.D. 1, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST SEAWATER AIR CONDITIONING PROJECTS ON THE ISLAND OF OAHU,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this bill is to lessen Hawaii's future dependence on imported oil and encourage greater use of renewable energy by authorizing the issuance of special purpose revenue bonds (SPRBs) to Honolulu Seawater Air Conditioning LLC to plan, design, and construct a chilled water distribution system and balance of system components and structures for a district cooling system in downtown Honolulu.
Your Committee on Conference has amended this bill by:
(1) Authorizing $48,000,000 as the amount of SPRBs to be issued; and
(2) Changing the effective date to July 1, 2005.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 1238, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 1238, H.D. 1, S.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE SENATE |
ON THE PART OF THE HOUSE |
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____________________________ RUSSELL S. KOKUBUN, Chair |
____________________________ HERMINA MORITA, Co-Chair |
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____________________________ J. KALANI ENGLISH, Co-Chair |
____________________________ KENNETH HIRAKI, Co-Chair |
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____________________________ BRIAN T. TANIGUCHI, Co-Chair |
____________________________ BERTHA C. KAWAKAMI, Co-Chair |
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