STAND. COM. REP. NO.  1100

Honolulu, Hawaii

                , 2015

RE:   S.B. No. 1047

      S.D. 1

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

Sir:

     Your Committee on Energy & Environmental Protection, to which was referred S.B. No. 1047, S.D. 1, entitled:

"A BILL FOR AN ACT AUTHORIZING THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST PELATRON Q, LLC,"

begs leave to report as follows:

The purpose of this measure is to authorize the Department of Budget and Finance, with the approval of the Governor, to issue special purpose revenue bonds to assist Pelatron Q, LLC, with the development of waste-to-energy power plants that use its patented plasma gasification and vitrification process for waste management and energy production in Hawaii.

Pelatron Q, LLC; Hawaii Construction Alliance; Alqimi Energy; Pacific Resource Partnership; and many individuals supported this measure.  Zero Waste Kauai and a Hawaii County Council Member opposed this measure.  The Department of Budget and Finance commented on this measure.

     Your Committee has amended this measure by changing the total amount of special purpose revenue bonds authorized to an unspecified amount.

     Should the Committee on Finance deliberate this measure further, your Committee respectfully requests that it consider authorizing the issuance of up to $44,000,000 in special purpose revenue bonds for the purpose of assisting Pelatron Q, LLC, in developing waste-to-energy power plants.

     As affirmed by the record of votes of the members of your Committee on Energy & Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1047, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1047, S.D. 1, H.D. 1, and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Energy & Environmental Protection,

____________________________

CHRIS LEE, Chair