Bill Text: HI HB2497 | 2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Special Purpose Revenue Bonds; Carbon Bio-Engineers Inc.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Vetoed) 2010-07-06 - (S) Vetoed on 07-06-10 - Returned from the Governor without approval (Gov. Msg. No. 662). [HB2497 Detail]

Download: Hawaii-2010-HB2497-Amended.html

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STAND. COM. REP. NO.  583-10

 

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 Finance, 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 work towards protecting Hawaii's precious environment by authorizing 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. testified in support of this bill.  The Department of Budget and Finance provided comments.

 

     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. 2497 and recommends that it pass Third Reading.

 

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

 

____________________________ MARCUS R. OSHIRO, Chair