STAND. COM. REP. NO. 275

Honolulu, Hawaii

RE:    S.B. No. 682

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committees on Transportation and Energy and Economic Development, Tourism, and Technology, to which was referred S.B. No. 682 entitled:

"A BILL FOR AN ACT RELATING TO ENERGY,"

beg leave to report as follows:

     The purpose and intent of this measure is to extend the sunset date of the alternate energy research and development pilot program to June 30, 2019, and to appropriate funds for the project.

     Your Committees received testimony in support of this measure from the High Technology Development Corporation, Navatek, and six individuals.

     Your Committees find that the alternative energy and development pilot program established by Act 159, Session Laws of Hawaii 2015, has been successful in supporting local businesses involved in the business of alternative energy during its first two years of implementation.  It is therefore appropriate to extend the program for an additional two years and to appropriate an unspecified amount of funds for the same to foster further success and growth of the program.

     As affirmed by the records of votes of the members of your Committees on Transportation and Energy and Economic Development, Tourism, and Technology that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 682 and recommend that it pass Second Reading and be referred to your Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committees on Transportation and Energy and Economic Development, Tourism, and Technology,

________________________________ GLENN WAKAI, Chair

________________________________ LORRAINE R. INOUYE, Chair