HI SB1004 | 2024 | Regular Session
Note: Carry Over of previous SB1004
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Energy, Economic Development, and Tourism Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Energy, Economic Development, and Tourism Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes a carbon emissions tax credit. Expands the environmental response, energy, and food security tax to include carbon emissions. Applies to taxable years beginning after 12/31/2023. Requires the Office of Planning and Sustainable Development, in consultation with the Department of Taxation, to recommend updates to the tax per fuel and corresponding tax credits.
Title
Relating To Taxation.
Sponsors
| Sen. Karl Rhoads [D] | Sen. Stanley Chang [D] | Sen. Gil Keith-agaran [D] | Sen. Jarrett Keohokalole [D] |
| Sen. Chris Lee [D] | Sen. Angus McKelvey [D] | Sen. Maile Shimabukuro [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-12-11 | Carried over to 2024 Regular Session. | |
| 2023-02-15 | Senate | The committee on EET deferred the measure. |
| 2023-02-15 | Senate | The committee on AEN deferred the measure. |
| 2023-02-10 | Senate | The committee(s) on EET/AEN has scheduled a public hearing on 02-15-23 1:00PM; Conference Room 224 & Videoconference. |
| 2023-01-27 | Senate | Referred to EET/AEN, WAM. |
| 2023-01-23 | Senate | Passed First Reading. |
| 2023-01-20 | Senate | Introduced. |
Same As/Similar To
HB1146 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
SB1004 (Carry Over) 2023-02-15 - The committee on EET deferred the measure.
SB1004 (Carry Over) 2023-02-15 - The committee on EET deferred the measure.
Subjects
Environmental Response, Energy, Carbon Emissions, and Food Security Tax
Office of Planning and Sustainable Development
Tax Credit
Office of Planning and Sustainable Development
Tax Credit
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1004&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/SB1004_.HTM |
