Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 555 entitled:

begs leave to report as follows:

The purpose of this bill is to provide an emergency appropriation of $3,000,000 for fiscal year 2004-2005 to cover statewide budgetary shortfalls in electricity payments for facilities managed by the Department of Accounting and General Services (DAGS).

DAGS testified in support of this bill.

Your Committee urges DAGS to seek out meaningful ways to reduce the consumption rate of electricity in buildings under its management. Additionally, your Committee recommends that DAGS work with utility companies such as Hawaiian Electric Company in order to accomplish this goal.

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 H.B. No. 555 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.