Bill Text: HI HB1726 | 2012 | Regular Session | Amended
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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HOUSE OF REPRESENTATIVES |
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1726 |
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TWENTY-SIXTH LEGISLATURE, 2012 |
H.D. 1 |
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STATE OF HAWAII |
S.D. 2 |
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A BILL FOR AN ACT
RELATING TO ENERGY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that Hawaii, as an isolated island state, is highly dependent on imported oil. To promote self-sufficiency in energy and power production, Hawaii has taken many steps to develop alternate sources of energy. One step was to enact Act 253, Session Laws of Hawaii 2007, which, among other things, established the energy systems development special fund to provide moneys for the development of an integrated approach to and portfolio management of renewable energy and energy efficiency technology projects. Three years later, Act 73, Session Laws of Hawaii 2010, made the environmental response, energy, and food security tax the main source of funding for the energy systems development special fund. However, Act 73, Session Laws of Hawaii 2010, set the environmental response, energy, and food security tax to repeal in 2015, while the energy systems development special fund was inadvertently left to repeal in 2012.
The purpose of this Act is to align the repeal dates of the energy systems development special fund and the environmental response, energy, and food security tax by extending the repeal date of the energy systems development special fund to 2015, along with the periodic evaluation and plan of action requirements for the special fund, which were also enacted by Act 253.
SECTION 2. Act 253, Session Laws of Hawaii 2007, is amended by amending section 8 to read as follows:
"SECTION 8. This Act shall take effect on
July 1, 2007; provided that sections 304A-C, 304A-D, and 304A-E, Hawaii Revised
Statutes, shall be repealed on June 30, [2012.] 2015."
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2050.
Report Title:
Energy Systems Development Special Fund; Barrel Tax
Description:
Extends the repeal date of the energy systems development special fund and periodic evaluation and plan of action requirements of the special fund to 2015 to match that of the environmental response, energy, and food security tax. Effective 07/01/2050. (SD2)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
