Bill Text: HI HB2498 | 2020 | Regular Session | Amended
Bill Title: Relating To Energy Resources.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2020-06-24 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. [HB2498 Detail]
Download: Hawaii-2020-HB2498-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2498 |
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THIRTIETH LEGISLATURE, 2020 |
H.D. 1 |
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STATE OF HAWAII |
S.D. 1 |
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A BILL FOR AN ACT
RELATING TO ENERGY RESOURCES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 36-41, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) All agencies shall
evaluate and identify for implementation energy efficiency retrofitting through
performance contracting. Agencies that
perform energy efficiency retrofitting may continue to receive budget
appropriations for energy expenditures at an amount that [shall not fall
below the pre-retrofitting energy budget but shall rise in proportion to any
increase in the agency's overall budget for the duration of the performance
contract or project payment term.] equals any debt service or contract cost
of the energy efficiency retrofitting for the term of the contract, plus fifty per
cent of any additional cost savings for a term not to exceed
years after the retrofit."
SECTION 2. Section 196-21, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) Agencies that perform energy efficiency and
renewable energy system retrofitting may continue to receive budget
appropriations for energy expenditures at an amount that [will not fall
below the pre-retrofitting energy budget but will rise in proportion to any
increase in the agency's overall budget for the duration of the performance
contract or project payment term. A
portion of the moneys saved through efficiency and renewable energy system
retrofitting shall be set aside to pay for any costs directly associated with
administering energy efficiency and renewable energy system retrofitting
programs incurred by the agency.] equals any debt service or contract cost of the renewable energy
system retrofitting for the term of the contract, plus fifty per cent of any additional
cost savings for a term not to exceed years after
the retrofit."
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 Retrofitting; Cost Savings; Accountability; Appropriations
Description:
Amends the amount of budget appropriations for energy expenditures that agencies performing energy efficiency or renewable energy system retrofitting are entitled to receive. Repeals the required setting aside of a portion of moneys saved through the retrofitting. Effective 7/1/2050. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
