STAND. COM. REP. NO. 1624

Honolulu, Hawaii

, 2005

RE: H.B. No. 1331

H.D. 1

S.D. 2

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 1331, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR JACOBY DEVELOPMENT INC.,"

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of special purpose revenue bonds to assist Jacoby Development, Inc. with planning, designing, constructing, equipping, and acquiring land for a plasma municipal solid waste processing system on the island of Oahu.

Your Committee understands that landfill space on Oahu is limited and concrete steps need to be taken to address the problem. Alternative ways of disposing solid waste may be the answer. Plasma technology is an emerging technology that may lessen dependence on the landfill disposal of waste, by converting solid waste into electricity and chemically and biologically inert slag.

Your Committee has amended this measure by appropriating an unspecified amount and inserting an effective date of July 1, 2050 to facilitate further discussion.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1331, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1331, H.D. 1, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

BRIAN T. TANIGUCHI, Chair