STAND. COM. REP. NO.  686

Honolulu, Hawaii

                , 2013

RE:   H.B. No. 450

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 450, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HYDROGEN FUELING STATIONS,"

begs leave to report as follows:

The purpose of this measure is to direct the Department of Business, Economic Development, and Tourism to establish a hydrogen fueling station demonstration project with a preference for hydrogen produced from renewable energy sources in qualifying counties and to provide funding for the projects.

East Hawaii Community Development Corporation; Hawaii Automobile Dealers Association; General Motors, LLC; and a concerned individual offered testimony in support of this measure.  The Department of Business, Economic Development, and Tourism and High Technology Development Corporation offered comments.

     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. 450, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair