CONFERENCE COMMITTEE REP. NO. 65

Honolulu, Hawaii

, 2023

RE: H.B. No. 369

H.D. 1

S.D. 1

C.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sirs:

Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 369, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE PUBLIC UTILITIES COMMISSION,"

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this measure is to exempt a public utility and water carrier from obtaining the required Public Utilities Commission authorization when the public utility or water carrier is:

(1) Disposing of a fully depreciated asset or property with a zero net book value that is no longer used or useful, with certain conditions; or

(2) Donating a fully depreciated asset or property with zero net book value to a charitable or nonprofit organization.

Your Committee on Conference has amended this measure by:

(1) Deleting the condition that the fully depreciated asset or property be no longer used or useful when a public utility or water carrier disposes of the asset or property;

(2) Changing the effective date to upon approval; and

(3) Making a technical, nonsubstantive amendment for the purposes of clarity, consistency, and style.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 369, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 369, H.D. 1, S.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________ JARRETT KEOHOKALOLE Chair

____________________________ MARK M. NAKASHIMA Chair