STAND. COM. REP. NO. 822

Honolulu, Hawaii

RE:    S.B. No. 1047

       S.D. 1

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

Madam:

     Your Committee on Ways and Means, 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 and intent of this measure is to authorize the issuance of special purpose revenues bonds to assist Pelatron Q, LLC, develop waste-to-energy power plants in Hawaii.

     Your Committee received written comments in support of this measure from ALQIMI Energy, the Hawaii Construction Alliance, Pelatron Q, LLC, and eight individuals.  Your Committee received written comments in opposition to this measure from Zero Waste Kauai.  The Department of Budget and Finance submitted written comments on this measure.

Your Committee finds that it is in the interest of the State to explore alternative energy solutions to help the State transition toward sustainability.  Sustainability not only helps Hawaii's environment, but also helps the State's economy, as Hawaii's individuals and businesses spend a large amount of money on fossil fuels that must be shipped from outside the State.  Your Committee also finds that Pelatron Q, LLC has a patented plasma gasification and vitrification process that converts waste to energy.  By implementing this process in Hawaii, landfill waste can be lessened, the State's carbon footprint can be reduced, and permanent jobs can be added to the economy.

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1047, S.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

________________________________

JILL N. TOKUDA, Chair