STAND. COM. REP. NO. 2892

Honolulu, Hawaii

RE: S.B. No. 2832

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 S.B. No. 2832, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ENERGY AT THE UNIVERSITY OF HAWAII,"

begs leave to report as follows:

The purpose and intent of this measure is to assist the University of Hawaii in its sustainability efforts.

Specifically, this measure:

(1) Allows funds appropriated by the Legislature to be deposited into the University of Hawaii green special fund;

(2) Clarifies the scope of projects that can be funded by the special fund to include planning, design, and implementation of energy efficiency, energy conservation, renewable energy, and sustainability projects;

(3) Expands the authority of the Chief Financial Officer of the University of Hawaii, in managing the special fund, to collect, expend, and transfer monetary savings realized from university energy and sustainability projects; and

(4) Specifies that all expenditures from the special fund shall be subject to legislative appropriation.

Your Committee received written comments in support of this measure from the University of Hawaii; Ulupono Initiative; OCC Legislative Priorities Committee, Democratic Party of Hawaii; and one individual.

Your Committee finds that the University of Hawaii is one of the largest consumers of electricity and therefore could be one of the most impactful and effective organizations in utilizing energy efficiency projects.

Your Committee has amended this measure by changing its effective date to July 1, 2050, to facilitate further discussion on the measure.

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. 2832, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2832, S.D. 2.

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

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DONOVAN M. DELA CRUZ, Chair