STAND. COM. REP. NO.  1042

Honolulu, Hawaii

                , 2007

RE:   H.B. No. 646

      H.D. 2

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 646, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ENERGY,"

begs leave to report as follows:

     The purpose of this bill is to promote sustainable and clean energy by appropriating funds for the Department of Business, Economic Development, and Tourism (DBEDT) to:

(1)  Sponsor an energy conference; and

(2)  Participate in the Blue Planet Festival activities to:

(A)  Showcase energy technology;

(B)  Promote energy resources education; and

(C)  Address local and global energy issues.

     The Hawaii Tourism Authority, Pacific Biodiesel, Inc., and several representatives from the Blue Planet Festival supported this bill.  DBEDT supported the intent of this measure.

     Your Committee has amended this bill by:

(1)  Changing the effective date to July 1, 2020, to facilitate further discussion; and

(2)  Making technical, nonsubstantive changes for clarity, consistency, and style.

     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. 646, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 646, H.D. 2.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

MARCUS R. OSHIRO, Chair