STAND. COM. REP. NO. 3615

Honolulu, Hawaii

RE: H.B. No. 1508

H.D. 2

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 1508, H.D. 2, S.D. 1, entitled:

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

begs leave to report as follows:

The purpose and intent of this measure is to provide state agencies the ability to obtain financing from the Green Energy Market Securitization Program to implement energy-efficiency measures in public buildings.

Your Committee received written comments in support of this measure from the Department of Business, Economic Development, and Tourism; Hawaii Green Infrastructure Authority; Ulupono Initiative; 350Hawaii.org; Organizing for Action; Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii; and one individual.

Your Committee finds that the reduction in energy consumption encouraged by this measure will help to ensure compliance with the State's energy-efficiency portfolio standard and to control energy costs borne by taxpayers.

Your Committee has amended this measure by:

(1) Clarifying that the energy-efficiency measures financed by state agencies pursuant to this measure are to be implemented in public buildings;

(2) Defining "cost-effective" with respect to energy-efficiency measures that may be financed by a state agency through a loan from the green infrastructure special fund; and

(3) Making technical nonsubstantive changes for the purposes of clarity, consistency, and style.

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 H.B. No. 1508, H.D. 2, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1508, H.D. 2, S.D. 2.

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

________________________________

DONOVAN M. DELA CRUZ, Chair