STAND

 

STAND. COM. REP. NO.85

Honolulu, Hawaii

, 2003

RE: S.B. No. 490

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committees on Energy and Environment and Transportation, Military Affairs and Government Operations, to which was referred S.B. No. 490 entitled:

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

beg leave to report as follows:

The purpose of this measure is to establish a requirement that the department of accounting and general services identify, evaluate, prioritize, and implement renewable energy systems in state facilitates and to authorize the financing thereof through the issuance of revenue bonds.

Hawaiian Electric Company and the Hawaii Renewable Energy Alliance submitted testimony in support of this measure. The Department of Budget and Finance submitted comments on this measure.

Your Committees find that the use of renewable energy technologies in state-owned and operated facilities supports the State’s objectives to increase energy self-sufficiency and the reduction or avoidance of greenhouse gas emissions from energy supply and use. Further, the use of revenue bonds to finance implementation of energy efficient projects, as is currently being done in the City of San Francisco, will accelerate the State’s achievement of its energy objectives.

As affirmed by the records of votes of the members of your Committees on Energy and Environment and Transportation, Military Affairs and Government Operations that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 490 and recommend that it pass Second Reading and be referred to the Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committees on Energy and Environment and Transportation, Military Affairs and Government Operations,

____________________________ CAL KAWAMOTO, Chair		____________________________ J. KALANI ENGLISH, Chair