CONFERENCE COMMITTEE REP. NO. 51-16

Honolulu, Hawaii

                 , 2016

RE:    H.B. No. 2231

       H.D. 1

       S.D. 1

       C.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sirs:

     Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 2231, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ENERGY COOPERATIVES,"

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

     The purpose of this measure is to expand the financing mechanisms available to Hawaii's energy sector by clarifying that special purpose revenue bonds can be used to finance publicly owned energy cooperatives.

     Your Committee on Conference amended this measure by changing its effective date to July 1, 2016.

     As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 2231, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 2231, H.D. 1, S.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________ LORRAINE R. INOUYE, Chair	____________________________ CHRIS LEE, Co-Chair
____________________________ ROSALYN H. BAKER, Co-Chair	____________________________ NICOLE E. LOWEN, Co-Chair
____________________________ GIL RIVIERE, Co-Chair