STAND. COM. REP. NO. 1273

Honolulu, Hawaii

RE:    H.B. No. 427

       H.D. 1

       S.D. 1

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

Madam:

     Your Committee on Ways and Means, 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 special purpose revenue bonds for One Planet Pacific Energy, LLC, to construct a gasification facility to convert solid waste into synthetic gas.

     Your Committee received two written comments on this measure.  The written comments may be reviewed on the Legislature's website.

     Your Committee finds that One Planet Pacific Energy, LLC, proposes to use a proprietary gasification technology to convert solid waste from the construction and demolition material landfill located in Nanakuli on the island of Oahu into synthetic gas.  Your Committee further finds that by using the materials that would otherwise sit in the landfill to generate a source of renewable energy will dramatically extend the life of the landfill.

     Your Committee amended this measure by changing the effective date to July 1, 2077, to facilitate further discussion on this measure.

     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. 427, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 427, H.D. 1, S.D. 1.

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

____________________________

DONNA MERCADO KIM, Chair