STAND. COM. REP. NO.  117-10

 

Honolulu, Hawaii

                , 2010

 

RE:   H.B. No. 2497

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Sir:

 

     Your Committee on Energy & Environmental Protection, to which was referred H.B. No. 2497 entitled:

 

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS,"

 

begs leave to report as follows:

 

     The purpose of this bill is to authorize the issuance of special purpose revenue bonds to Carbon Bio-Engineers, Inc., for the development of non-fossil fuel energy production.

 

     Carbon Bio-Engineers, Inc.; Waimea Hawaiian Homesteaders' Association, Inc.; TN Design Associates, AIA, Inc.; Hawaii Building and Construction Trades Council, AFL-CIO; and Pacific Crane & Equipment, Inc., testified in support of this bill.

 

     As affirmed by the record of votes of the members of your Committee on Energy & Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2497 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

 

Respectfully submitted on behalf of the members of the Committee on Energy & Environmental Protection,

 

 

 

 

____________________________

HERMINA MORITA, Chair