THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2012
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Senator Mike Gabbard, Chair |
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Senator J. Kalani English, Vice Chair |
NOTICE OF HEARING
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DATE: |
Tuesday, March 20, 2012 |
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TIME: |
2:50 p.m. |
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PLACE: |
Conference Room 225 State Capitol 415 South Beretania Street |
A G E N D A
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RELATING TO PUBLIC FINANCE. Establishes the Clean Economy Bank of the State of Hawaii to, among other things: (1) Enable the State, along with other participating states, territories, and municipalities, to leverage aligned resources and collective influence to build a national clean economy that creates jobs, reduces carbon emissions, and ensures the nation's energy security; (2) Support clean economic development within the State and other participating entities; and (3) Lessen the burden on the State and other participating entities to finance qualified renewable energy and other related purposes. Effective July 1, 2012. (Proposed SD1)
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ENE, WAM |
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RELATING TO RENEWABLE ENERGY. Establishes a tiered tax credit without a cap for non-utility scale and utility scale solar electricity generating systems. Clarifies the amount of the tax credit for solar energy systems that use energy from the sun to heat water for household use. Eliminates the cap amount for the tax credit for alternative energy systems other than solar water heater systems and wind-powered energy systems. Effective upon approval. Applies to tax years beginning after December 31, 2012. (Proposed SD1)
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ENE, WAM |
Copies of the proposed SD 1 are available from the Senate Document Center and on the Legislature's website: www.capitol.hawaii.gov.
Decision Making to follow, if time permits.
Click here to submit testimony to the Senate Committee on Energy and Environment.
Testimony may be submitted up to 24 hours prior to the start of the hearing.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are underscored. If a measure is both underscored and stricken through, that measure has been deleted from the agenda.
If you require auxiliary aids or services to participate in the public hearing process (i.e. ASL or foreign language interpreter, or wheelchair accessibility), please contact the committee clerk at least 24 hours prior to the hearing so that arrangements can be made.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6830.
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_____________________________________ Senator Mike Gabbard Chair |