STAND. COM. REP. NO.622

Honolulu, Hawaii

, 2001

RE: H.B. No. 1554

H.D. 1

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1554, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HYDROGEN RESEARCH AND DEVELOPMENT,"

begs leave to report as follows:

The purpose of this bill is to:

(1) Establish a public/private partnership within the Department of Business, Economic Development, and Tourism (DBEDT) to support and promote hydrogen use in Hawaii's energy economy; and

(2) Appropriate funds for hydrogen research and development as matching funds to federal and private sector funding.

The University of Hawaii, County of Hawaii, County of Kauai, Gas Company, Hawaii Renewable Energy Alliance, and Hydrogen Renewable Energy Enterprise, LLC, submitted testimony in support of this bill. DBEDT, Hawaiian Electric Company, Maui Electric Company, and Hawaii Electric Light Company submitted testimony in support of the intent of this bill.

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. 1554, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

DWIGHT Y. TAKAMINE, Chair