Bill Text: HI HB2631 | 2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Petroleum Industry; Information

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2010-05-28 - (H) Act 152, on 5/28/2010 (Gov. Msg. No. 369). [HB2631 Detail]

Download: Hawaii-2010-HB2631-Amended.html

 

 

STAND. COM. REP. NO. 2782

 

Honolulu, Hawaii

                  

 

RE:    H.B. No. 2631

       H.D. 2

       S.D. 1

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Madam:

 

     Your Committees on Commerce and Consumer Protection and Energy and Environment, to which was referred H.B. No. 2631, H.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO ENERGY INDUSTRY REPORTING,"

 

beg leave to report as follows:

 

     The purpose of this measure is to repeal the Petroleum Industry Monitoring, Analysis, and Reporting Program and its special fund and to reduce the quantity of information that refiners and distributors are required to report to the Department of Business, Economic Development, and Tourism. 

 

     Your Committees received testimony supporting and commenting on this measure from the Public Utilities Commission, Department of Budget and Finance.  Written testimony presented to the Committees may be reviewed on the Legislature's website.

 

     Your Committees find that the Petroleum Industry Monitoring, Analysis, and Reporting Program has been in place since 2007.  During that time, the Hawaii petroleum market has been shown to be reasonably competitive and there has been no evidence of any economic misbehavior.  Your Committees further find that since the Petroleum Industry Monitoring, Analysis, and Reporting Program has served its purpose in evaluating the Hawaii petroleum industry and because it is extremely time consuming and onerous for both the Public Utilities Commission and the petroleum industry reporting entities, it is time to repeal it.

 

     However, your Committees find that maintaining the requirements for refiners and distributors to report on fuel imported, exported, transferred, used, refined, manufactured, compounded, and distributed in the State is in the public interest.  Your Committees further find that these requirements will be equally effective in a condensed form and should include information about biofuels.

 

     Your Committees have amended this measure by:

 

     (1)  Including biofuels in the list of fuels that all refiners and distributors report on monthly to the Department of Business, Economic Development, and Tourism;

 

     (2)  Making this measure effective on July 1, 2010; and

 

     (3)  Making technical, nonsubstantive changes for the purpose of clarity and accuracy.

 

     As affirmed by the records of votes of the members of your Committees on Commerce and Consumer Protection and Energy and Environment that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 2631, H.D. 2, as amended herein, and recommend that it pass Second Reading in the form attached hereto as H.B. No. 2631, H.D. 2, S.D. 1, and be referred to the Committees on Judiciary and Government Operations and Ways and Means.

 

Respectfully submitted on behalf of the members of the Committees on Commerce and Consumer Protection and Energy and Environment,

 

____________________________

MIKE GABBARD, Chair

 

____________________________

ROSALYN H. BAKER, Chair

 

 

 

 

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