STAND. COM. REP. NO. 1820-24

Honolulu, Hawaii

, 2024

RE: S.B. No. 2537

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. 2537, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO ENERGY,"

begs leave to report as follows:

The purpose of this measure is to clarify that the Chief Energy Officer, not the Department of Business, Economic Development, and Tourism, shall be responsible for supporting the renewable portfolio standards and reporting on certain energy matters.

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

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 3000, to encourage further discussion; and

(2) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

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. 2537, S.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2537, S.D. 2, H.D. 1.

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

____________________________

KYLE T. YAMASHITA, Chair