Bill Text: HI HB1726 | 2012 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Energy Systems Development Special Fund; Barrel Tax

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2012-06-26 - (H) Act 151, on 6/25/2012 (Gov. Msg. No. 1254). [HB1726 Detail]

Download: Hawaii-2012-HB1726-Amended.html

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STAND. COM. REP. NO.  905-12

 

Honolulu, Hawaii

                , 2012

 

RE:   H.B. No. 1726

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 1726 entitled:

 

"A BILL FOR AN ACT RELATING TO ENERGY,"

 

begs leave to report as follows:

 

     The purpose of this measure is to extend the repeal date of the energy systems development special fund to June 30, 2015, to match the repeal date of the environmental response, energy, and food security tax, which is its primary source of funding.

 

     The Department of Business, Economic Development, and Tourism; the Hawaii State Energy Office; the Hawaii Natural Energy Institute at the University of Hawaii at Manoa; the Blue Planet Foundation; and an individual supported this measure.  The Public Utilities Commission commented on this measure.

 

     Your Committee has amended this measure by:

 

     (1)  Changing the effective date to July 1, 2030, for the purpose of facilitating further discussion; and

 

     (2)  Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1726, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1726, H.D. 1.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

		____________________________ MARCUS R. OSHIRO, Chair