STAND. COM. REP. NO. 661-18

Honolulu, Hawaii

, 2018

RE: H.B. No. 584

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committees on Energy & Environmental Protection and Economic Development & Business, to which was referred H.B. No. 584, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ECONOMIC DEVELOPMENT,"

beg leave to report as follows:

The purpose of this measure is to promote the diversification and development of Hawaii's economy by expanding the types of business activity eligible for participation in Hawaii's enterprise zone program to include production of electricity from a biomass energy facility.

The Department of Business, Economic Development and Tourism; Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii; Honua Ola Bioenergy LLC; Hawai‘i Construction Alliance; and a few concerned individuals supported this measure. The Tax Foundation of Hawaii provided comments.

As affirmed by the records of votes of the members of your Committees on Energy & Environmental Protection and Economic Development & Business that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 584, H.D. 1, and recommend that it pass Second Reading and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committees on Energy & Environmental Protection and Economic Development & Business,

____________________________ CINDY EVANS, Chair

____________________________ CHRIS LEE, Chair