STAND. COM. REP. NO.  280-12

Honolulu, Hawaii

                , 2012

RE:   H.B. No. 2872

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

Sir:

     Your Committee on Economic Revitalization & Business, to which was referred H.B. No. 2872 entitled:

"A BILL FOR AN ACT RELATING TO AEROSPACE HIGH TECHNOLOGY DISTRICTS,"

begs leave to report as follows:

The purpose of this measure is to create aerospace high technology districts in Hawaii and to allow geothermal resource subzones to be designated within those districts, provided that geothermal energy producers provide a specified percentage of their energy output to any aerospace high technology facility within the district at no cost.

An individual submitted testimony in support of this measure.  The Department of Business, Economic Development, and Tourism submitted testimony in opposition to this measure.

     Your Committee has amended this measure by:

     (1)  Deleting its contents;

     (2)  Including a purpose section to clarify the intent of the measure;

     (3)  Specifying that aerospace high technology parks are a permissible use within an agricultural district on land with certain soil classifications; and

     (4)  Changing the effective date to July 1, 2112, to facilitate further discussion of the measure.

     As affirmed by the record of votes of the members of your Committee on Economic Revitalization & Business that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2872, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2872, H.D. 1, and be referred to the Committees on Water, Land, & Ocean Resources and Energy & Environmental Protection.

Respectfully submitted on behalf of the members of the Committee on Economic Revitalization & Business,

____________________________

ANGUS L.K. McKELVEY, Chair