STAND. COM. REP. NO. 1607

Honolulu, Hawaii

, 2019

RE: S.B. No. 1291

S.D. 1

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committees on Economic Development & Business and Energy & Environmental Protection, to which was referred S.B. No. 1291, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ALTERNATIVE ENERGY RESEARCH AND DEVELOPMENT FUND,"

beg leave to report as follows:

The purpose of this measure is to appropriate funds for the Alternative Energy Research and Development Revolving Fund for the Hawaii Technology Development Corporation to provide grants.

The Hawaii Technology Development Corporation, Oceanit, The Chamber of Commerce Hawaii, and two individuals provided testimony in support of this measure.

Your Committees have amended this measure by

(1) Changing the effective date to July 1, 2112, to promote further discussion; and

(2) Making technical, nonsubstantive amendments for clarity, consistency, and style.

As affirmed by the records of votes of the members of your Committees on Economic Development & Business and Energy & Environmental Protection that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 1291, S.D. 1, as amended herein, and recommend that it pass Second Reading in the form attached hereto as S.B. No. 1291, S.D. 1, H.D. 1, and be referred to your Committee on Finance.

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

____________________________ NICOLE E. LOWEN, Chair

____________________________ ANGUS L.K. McKELVEY, Chair