STAND. COM. REP. NO. 944

Honolulu, Hawaii

RE:    H.B. No. 427

       H.D. 1

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

Madam:

     Your Committee on Energy and Environment, to which was referred H.B. No. 427, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ONE PLANET PACIFIC ENERGY, LLC, A PROCESSING ENTERPRISE,"

begs leave to report as follows:

     The purpose of this measure is to encourage the development of alternative energy and renewable fuel technologies by authorizing the issuance of up to $40,000,000 in special purpose revenue bonds for One Planet Pacific Energy, LLC (One Planet), to build a gasification facility adjoining the construction and demolition material solid waste landfill located in Nanakuli on the island of Oahu.

     Testimony in support of this measure was submitted by one private organization.  Comments were submitted by one state department.  Written testimony presented to your Committee may be reviewed on the Legislature's website.

     Your Committee finds that One Planet's proposed 500-ton per day gasification facility will use construction and demolition waste and produce an environmentally friendly renewable fuel.  One Planet's proposed process produces minimal emissions and no harmful or toxic byproducts.  Additionally, the project will also create a substantial number of jobs for the local market both during construction and once construction is completed to operate and maintain the plant.

     As affirmed by the record of votes of the members of your Committee on Energy and Environment that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 427, H.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committee on Energy and Environment,

____________________________

MIKE GABBARD, Chair