STAND.
COM. REP. NO. 836
Honolulu, Hawaii
, 2023
RE: H.B. No. 370
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-Second State Legislature
Regular Session of 2023
State of Hawaii
Sir:
Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 370 entitled:
"A BILL FOR AN ACT RELATING TO THE PUBLIC UTILITIES COMMISSION,"
begs leave to report as follows:
(1) Within nine months from the date that a public utility, other than an investor-owned electric utility company, files its completed application; and
(2) Within twelve months from the date that an investor-owned electric utility company files its completed application.
Your Committee finds
that under existing law, proposed mergers, consolidations, acquisitions, and
other changes of control of a public utility must be approved by the Public
Utilities Commission. This measure
expedites the review process for these transactions.
Your
Committee has amended this measure by:
(1) Changing the effective date to June 30, 3000,
to encourage further discussion; and
(2) Making a technical, nonsubstantive amendment
for the purposes of clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 370, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 370, H.D. 1, and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,
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____________________________ MARK M. NAKASHIMA, Chair |
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