Bill Text: HI SB1185 | 2010 | Regular Session | Amended

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Bill Title: Tax Credit; Purchase of Electric Cars

Spectrum: Moderate Partisan Bill (Democrat 14-2)

Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [SB1185 Detail]

Download: Hawaii-2010-SB1185-Amended.html

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STAND. COM. REP. NO. 192

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1185

       S.D. 1

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Madam:

 

     Your Committee on Energy and Environment, to which was referred S.B. No. 1185 entitled:

 

"A BILL FOR AN ACT RELATING TO A TAX CREDIT FOR THE PURCHASE OF ELECTRIC VEHICLES,"

 

begs leave to report as follows:

 

     The purpose of this measure is to encourage the use of electric vehicles and reduce the State's dependence on petroleum-based sources of energy by establishing an electric vehicle income tax credit in an unspecified amount.

 

     Testimony in support was submitted by four private organizations and two individuals.  Testimony in support of the intent of the measure was submitted by two state departments and one private organization.  Copies of written testimony are available for review on the Legislature's website.

 

     Your Committee finds that, as automakers throughout the world begin to refine, develop, and produce electric vehicles for consumer use, it is imperative that Hawaii lead the efforts in transforming its transportation systems to support electric vehicles.  This measure will help to make electric vehicles more affordable and spur more widespread adoption of the technology in the State.

 

     Your Committee has amended this measure by revising it to include standard income tax credit eligibility, filing, and claiming language and by changing the effective date so that the tax credit applies to taxable years beginning after December 31, 2008.

 

     As affirmed by the record of votes of the members of your Committee on Energy and Environment that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1185, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1185, S.D. 1, and be referred to the Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committee on Energy and Environment,

 

		____________________________ MIKE GABBARD, Chair