Bill Text: HI SB2792 | 2012 | Regular Session | Amended
Bill Title: Department of Hawaiian Home Lands; Native Hawaiian Rehabilitation Fund
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2012-03-16 - (H) Passed Second Reading as amended in HD 1 and referred to the committee(s) on WLO/EEP with none voting aye with reservations; none voting no (0) and Herkes, Kawakami, Oshiro, Tokioka excused (4). [SB2792 Detail]
Download: Hawaii-2012-SB2792-Amended.html
STAND. COM. REP. NO. 2782
Honolulu, Hawaii
RE: S.B. No. 2792
S.D. 2
Honorable Shan S. Tsutsui
President of the Senate
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Sir:
Your Committee on Ways and Means, to which was referred S.B. No. 2792, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO RENEWABLE ENERGY REVENUE,"
begs leave to report as follows:
The purpose and intent of this measure is to provide an additional revenue stream for the native Hawaiian rehabilitation fund by requiring geothermal royalties collected by the State from mining leases executed after July 1, 2012, and revenues from the disposition of state lands to nongeothermal renewable energy producers made after July 1, 2012, to be deposited into the fund.
Your Committee received written comments in support of this measure from the Department of Land and Natural Resources, Office of Hawaiian Affairs, Mokupuni O Oahu, Waianae Kai Homestead Community Association, Sovereign Councils of the Hawaiian Homelands Assembly, Nanakuli Hawaiian Homestead, and Kewalo Hawaiian Homestead Community Association.
Your Committee finds that the decline of sugarcane production in the State and the change in management of these lands has resulted in a significant decline in deposits to the native Hawaiian rehabilitation fund. The allocation of funds required by this measure to the native Hawaiian rehabilitation fund will provide a needed revenue stream for the fund to continue existing programs that benefit native Hawaiians, native Hawaiian families, and Hawaiian homestead communities.
Your Committee has amended this measure by:
(1) Providing that fifteen per cent of geothermal royalties collected by the State pursuant to section 182-7 and 182-18, Hawaii Revised Statutes, from mining leases executed after July 1, 2012, shall be deposited into the native Hawaiian rehabilitation fund;
(2) Providing that thirty per cent of all revenues collected by the State from the disposition of state lands to nongeothermal renewable energy producers made after July 1, 2012, pursuant to section 171-95, Hawaii Revised Statutes, shall be deposited into the native Hawaiian rehabilitation fund;
(3) Decreasing the allocation to the counties of all royalties received by the State from geothermal resources from thirty per cent to twenty-five per cent;
(4) Providing that the payment of royalties to the State for the utilization of geothermal resources shall be no less than twelve per cent of the gross amount or value of the geothermal resources produced under the lease; and
(5) Making technical nonsubstantive changes for the purposes of clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2792, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2792, S.D. 2.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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____________________________ DAVID Y. IGE, Chair |
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