STAND. COM. REP. NO. 1819-24

Honolulu, Hawaii

, 2024

RE: S.B. No. 2504

S.D. 2

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 2504, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO STATE PROGRAMS,"

begs leave to report as follows:

The purpose of this measure is to repeal part II of Act 66, Session Laws of Hawaii 2023, which requires and appropriates funds for the Department of Business, Economic Development, and Tourism to work with the University of Hawaii on workforce development activities that support the development of the Hawaii Pacific Hydrogen Hub and related aspects of the State's hydrogen energy industry.

Your Committee received testimony in support of this measure from the Hawaii State Energy Office.

Your Committee has amended this measure by changing the effective date to July 1, 3000, to encourage further discussion.

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 S.B. No. 2504, S.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2504, S.D. 2, H.D. 1.

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

____________________________

KYLE T. YAMASHITA, Chair