THE SENATE
THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2011

COMMITTEE ON ENERGY AND ENVIRONMENT
Senator Mike Gabbard, Chair
Senator J. Kalani English, Vice-Chair

COMMITTEE ON COMMERCE AND CONSUMER PROTECTION
Senator Rosalyn H. Baker, Chair
Senator Brian T. Taniguchi, Vice-Chair

MEASURES DEFERRED TO TUESDAY, FEBRUARY 15, 2011

DATE:	Tuesday, February 15, 2011
TIME:	3:00 PM
PLACE:	Conference Room 225 State Capitol 415 South Beretania Street

DECISION MAKING ON THE FOLLOWING MEASURE(S):

SB367 SD1 (SSCR19) Testimony Status

RELATING TO ENERGY. Establishes a regulatory scheme for the installation and implementation of an interisland high voltage electric transmission cable system and for the construction of on-island transmission infrastructure.  Allows for the utility company to collect surcharges from its ratepayers to recover the costs of the cable installation on behalf of the cable company.  Exempts the surcharges from being counted as gross income, adjusted gross income, or taxable income for tax purposes.  Provides for the eventual acquisition of the cable system by the utility company from the cable company.  Allows the utility company to recover the costs of acquiring the cable system and developing the on island infrastructure through an automatic rate adjustment clause and then through its rates.  Allows the utility to recover the costs of predevelopment and development in the event that the system is not completed.  (SD1)

ENE/CPN, WAM

No testimony will be accepted.

FOR AMENDED HEARING NOTICES:  If the notice is an amended notice, measures that have been deleted are stricken through and measures that have been added are underscored.  If there is a measure that is both underscored and stricken through, that measure has been deleted from the agenda.

FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-6830.