Category Archives: Fuel (HRS 243)

SB 3150, SD-1

SUBJECT:  INCOME, FUEL, Adoption of Carbon Tax, Income Tax Credit for Low Income Ratepayers

BILL NUMBER:  SB 3150, SD-1

INTRODUCED BY: Senate Committee on Agriculture & Environment

EXECUTIVE SUMMARY:   Amends the environmental response, energy, and food security tax to address carbon emissions. Increases the tax rate to effectively set a price of $40 per metric ton of carbon dioxide emissions in 2021. Incrementally increases the tax rate over time so that, in 2030, the tax rate shall be equivalent to a carbon price of $80 per metric ton of carbon emissions. Establishes a refundable tax credit for individuals earning sixty per cent or less of the area median income.

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HB 1844, HD-1

SUBJECT:  FUEL, Barrel Tax Earmark for Clean Energy Financing

BILL NUMBER:  HB 1844, HD-1

INTRODUCED BY:  House Committee on Energy & Environmental Protection

EXECUTIVE SUMMARY: Creates the clean energy and energy efficiency revolving loan fund under the administration of the Hawaii Green Infrastructure Authority. Repeals the building energy efficiency revolving loan fund. Allocates a portion of the barrel tax to the clean energy and energy efficiency revolving loan fund.

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HB 1850, HD-1

SUBJECT:  FUEL; Increase Earmark to Energy Security Special Fund

BILL NUMBER:  HB 1850, HD-1

INTRODUCED BY: House Committee on Energy & Environmental Protection

EXECUTIVE SUMMARY: Allows the chief energy officer to contract with Hawaii not-for-profit entities to administer expenditures from the energy security special fund for the purposes set forth in section 201-12.8, HRS. Increases the allocation from the state environmental response, energy, and food security tax for deposit to the energy security special fund from 5 cents to 15 cents per barrel or fractional part of a barrel of petroleum product. Effective 7/1/2050

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SB 3036; HB 2039

SUBJECT: RELATING TO RENEWABLE ENERGY TECHNOLOGIES TAX CREDITS

BILL NUMBER:  SB 3036; HB 2039

INTRODUCED BY: SB by KIDANI, WAKAI, Baker, Kanuha, Keith-Agaran, Shimabukuro, Taniguchi; HB by YAMANE

EXECUTIVE SUMMARY: Provides that notwithstanding any law to the contrary or subsequent amendments to existing state renewable energy investment tax credits, a power purchase agreement approved by the public utilities commission prior to 12/31/2019 shall receive thirty-five per cent of the actual cost or up to the applicable cap amount of $500,000 per solar energy system.

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SB 3150; HB 2654

SUBJECT:  FUEL, Barrel Tax Hike

BILL NUMBER:  SB 3150; HB 2654

INTRODUCED BY: SB by K. RHOADS, S. CHANG, KEITH-AGARAN, RUDERMAN, Shimabukuro; HB by SAIKI

EXECUTIVE SUMMARY:   Amends the environmental response, energy, and food security tax to address carbon emissions. Increases the tax rate to effectively set a price of $40 per metric ton of carbon dioxide emissions in 2021. Incrementally increases the tax rate over time so that, in 2030, the tax rate shall be equivalent to a carbon price of $80 per metric ton of carbon emissions.

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SB 2777

SUBJECT:  FUEL, Earmarks Barrel Tax for Environmental Council

BILL NUMBER:  SB 2777

INTRODUCED BY:  GABBARD, Moriwaki, Ruderman

EXECUTIVE SUMMARY:  Establishes the Environmental Council Special Fund; dedicates 0.005 per cent of the Environmental Response, Energy, and Food Security Tax to the Environmental Council Special Fund. Appropriates $50,000 to the Environmental Council Special Fund from the Environmental Response Revolving fund.

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SB 2559

SUBJECT:  FUEL, Increase Barrel Tax Earmark for Energy Security Special Fund

BILL NUMBER:  SB 2559

INTRODUCED BY: WAKAI

EXECUTIVE SUMMARY: Allows the chief energy officer to contract with Hawaii not-for-profit entities to administer expenditures from the energy security special fund for the purposes set forth in section 201-12.8, HRS. Increases the allocation from the state environmental response, energy, and food security tax for deposit to the energy security special fund from 5 cents to 15 cents per barrel or fractional part of a barrel of petroleum product.

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HB 1850

SUBJECT:  FUEL, Increase Barrel Tax Earmark for Energy Security Special Fund

BILL NUMBER:  HB 1850

INTRODUCED BY:  LOWEN, ICHIYAMA, MCKELVEY, MIZUNO, OHNO

EXECUTIVE SUMMARY: Allows the chief energy officer to contract with Hawaii not-for-profit entities to administer expenditures from the energy security special fund for the purposes set forth in section 201-12.8, HRS. Increases the allocation from the state environmental response, energy, and food security tax for deposit to the energy security special fund from 5 cents to 15 cents per barrel or fractional part of a barrel of petroleum product.

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HB 1844

SUBJECT:  FUEL, Additional Earmark for Clean Energy Financing

BILL NUMBER:  HB 1844

INTRODUCED BY:  LOWEN, HASHIMOTO, HOLT, ICHIYAMA, HOHANSON, KITAGAWA, C. LEE, LUKE, MCKELVEY, MIZUNO, MORIKAWA, NAKAMURA, NAKASHIMA, NISHIMOTO, PERRUSO, QUINLAN, SAIKI, TAKUMI, TARNAS, TODD, WILDBERGER, WOODSON

EXECUTIVE SUMMARY: Creates the clean energy and energy efficiency revolving loan fund under the administration of the Hawaii Green Infrastructure Authority. Repeals the building energy efficiency revolving loan fund. Allocates a portion of the barrel tax to the clean energy and energy efficiency revolving loan fund.

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