HI SB2342 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 17 2014 - 25% progression, died in committee
Action: 2014-01-21 - Referred to ENE/EGH, WAM.
Pending: Senate Energy and Environment Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 17 2014 - 25% progression, died in committee
Action: 2014-01-21 - Referred to ENE/EGH, WAM.
Pending: Senate Energy and Environment Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Expands the facility tax credit to include various biofuels; amends the definition of nameplate capacity; requires a qualifying facility to be located within the State and utilize locally grown feed stock for at least seventy-five per cent of its production output; increases the maximum annual amount of certified credits from $12,000,000 to $20,000,000; and removes the 40,000,000 gallon production per year cap. Applies to taxable years after 12/31/14.
Title
Biofuels Facility; Nameplate Capacity; Certified Credits; Construction Industry Task Force
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-21 | Senate | Referred to ENE/EGH, WAM. |
| 2014-01-17 | Senate | Passed First Reading. |
| 2014-01-17 | Senate | Introduced. |
Same As/Similar To
HB1585 (Same As) 2014-01-17 - Referred to EEP, CPC, FIN, referral sheet 2
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=2342&year=2014 |
| Text | http://www.capitol.hawaii.gov/session2014/Bills/SB2342_.HTM |
