STAND. COM. REP. NO.  714-20

 

Honolulu, Hawaii

                , 2020

 

RE:   H.B. No. 2717

      H.D. 1

 

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2717, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE ALTERNATIVE ENERGY RESEARCH AND DEVELOPMENT FUND,"

 

begs leave to report as follows:

 

     The purpose of this measure is to:

 

     (1)  Extend the Alternative Energy Research and Development Revolving Fund lapse date from June 30, 2020, to June 30, 2021; and

 

     (2)  Appropriate funds for the provision of grants by the Hawaii Technology Development Corporation under the Alternative Energy Research and Development Program.

 

     Your Committee received testimony in support of this measure from the Hawaii Technology Development Corporation; Chamber of Commerce Hawaii; 350Hawaii.org; Pele Lani Farm LLC; Makai Ocean Engineering, Inc.; We Are One, Inc.; and five individuals.

 

     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. 2717, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair