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THE SENATE |
S.B. NO. |
2231 |
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TWENTY-FIFTH LEGISLATURE, 2010 |
S.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO ELECTRIC VEHICLES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that to reach the Hawaii clean energy initiative's goal in transportation, Hawaii must deploy a significant number of electric drive vehicles and create an electric vehicle charging infrastructure. To encourage the widespread availability of electric vehicles and the creation of a vehicle charging infrastructure in Hawaii, it is necessary to attract the attention of automakers to encourage them to make electric vehicles available in Hawaii and encourage Hawaii consumers and vehicle dealers to select these vehicles. The transformation to a clean energy economy will reduce the impact on Hawaii of oil price volatility, provide a measure of energy security, provide economic diversification, and keep energy dollars circulating within Hawaii's economy.
The purpose of this Act is to encourage the deployment of electric vehicles in the State by exempting electric vehicles and electric vehicle charging systems from the general excise tax.
SECTION 2. Section 237-1, Hawaii Revised Statutes, is amended by adding three new definitions to be appropriately inserted and to read as follows:
""Electric vehicle" means a motor vehicle, including a plug-in hybrid electric vehicle that:
(1) Draws propulsion using a traction battery with at least four kilowatt hours of capacity;
(2) Uses an off-board source of energy to recharge the battery;
(3) Is originally used by the taxpayer; and
(4) Is acquired for use or lease by the taxpayer and not for resale.
"Electric vehicle charge point" means the part of the electric vehicle charging system that delivers electricity from a source outside an electric vehicle into an electric vehicle.
"Electric vehicle charging system" means a system that is designed in compliance with Article 625 of the National Electrical Code and delivers electricity from a source outside an electric vehicle into one or more electric vehicles. An electric vehicle charging system may include several charge points simultaneously connecting several electric vehicles to the system. The cost of the electric vehicle charging system includes all costs to acquire, construct, and install the electric vehicle charging system that are required to be capitalized to the electric vehicle charging system under section 263 of the Internal Revenue Code. The cost of the electric vehicle charging system does not include costs that are properly allocable to land or to a building and its structural components, including, but not limited to costs related to the acquisition of land on which the electric vehicle charging system is located, and expenses for permits, legal fees, project management, or engineering to the extent those expenses are related to the land."
SECTION 3. Chapter 237, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§237- Exemption of sale or lease of certain vehicles and infrastructure. (a) There shall be exempted from the measure of the taxes imposed by this chapter all of the gross proceeds arising from the sale or lease of electric vehicles and electric vehicle charging systems purchased or placed in service after July 1, 2015, and before January 1, 2020."
SECTION 4. New statutory material is underscored.
SECTION 5. This Act shall take effect on July 1, 2015; provided that this Act shall be repealed on January 1, 2020, and section 237-1, Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day before the effective date of this Act.
Report Title:
General Excise Tax; Electric Vehicles; Exemption
Description:
Exempts electric vehicles and electric vehicle charging systems from the general excise tax from 07/01/2015 to before 01/01/2020. (SD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.