HI HB1175 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 29 2015 - 25% progression, died in committee
Action: 2015-02-02 - Referred to AGR, FIN, referral sheet 6
Pending: House Agriculture Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes an income tax credit for farmers who purchase water at higher rates from county water boards rather than at lower state irrigation system rates. Establishes the amount of the credit as the difference between the amount charged by state irrigation systems and the amount the state irrigation systems should charge in order to sustain operations. Deducts the cost of the tax credit from the irrigation system revolving fund. Applies to taxable years beginning after 12/31/2015.

Tracking Information

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Title

Irrigation; Irrigation System Revolving Fund; Income Tax Credit

Sponsors


History

DateChamberAction
2015-02-02HouseReferred to AGR, FIN, referral sheet 6
2015-01-29HouseIntroduced and Passed First Reading
2015-01-28HousePending introduction.

Hawaii State Sources


Bill Comments

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