STAND. COM. REP. NO.  726

Honolulu, Hawaii

                , 2021

RE:   H.B. No. 433

      H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 433, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO CLIMATE CHANGE MITIGATION,"

begs leave to report as follows:

The purpose of this measure is to:

     (1)  Assess a climate change mitigation impact fee on every customer who rents, leases, or utilizes a rental motor vehicle;

     (2)  Establish the Climate Change Mitigation Special Fund; and

     (3)  Designate the uses of the monies in the Climate Change Mitigation Special Fund.

Your Committee received testimony in support of this measure from the Hawaii Climate Change Mitigation and Adaption Commission; Kupu; The Trust for Public Land; Blue Planet Foundation; Keiko Conservation; Climate Protectors Hawaii; Imua Alliance; Hawaii Electric Vehicle Association; Surfrider Foundation, O‘ahu Chapter; and numerous individuals.  Your Committee received testimony in opposition to this measure from Enterprise Holdings and Avis Budget Group.  Your Committee received comments on this measure from the Department of Health; Department of Budget and Finance; Department of Transportation; Office of Planning; Hawai‘i Youth Climate Coalition; Tax Foundation of Hawaii; Grassroot Institute of Hawaii; Hawaii Government Employees Association, AFSCME Local 152, AFL-CIO; The Nature Conservancy; National Tropical Botanical Garden; and seven individuals.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 433, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair