STAND. COM. REP. NO.  1245

Honolulu, Hawaii

                , 2013

RE:   H.R. No. 26

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

Sir:

     Your Committee on Economic Development & Business, to which was referred H.R. No. 26 entitled:

"HOUSE RESOLUTION REQUESTING THE DEPARTMENT OF TAXATION, WITH THE COOPERATION OF THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM, TO CONDUCT A STUDY ON THE FEASIBILITY OF OFFERING A SOLAR WATER HEATING SYSTEM TAX CREDIT,"

begs leave to report as follows:

The purpose of this measure is to promote energy sustainability by requesting that the Department of Taxation, in cooperation with the Department of Business, Economic Development, and Tourism, conduct a study to determine the feasibility of a solar water heating system tax credit.

The Sierra Club, Hawaii Chapter and one concerned individual testified in support of this measure.

     As affirmed by the record of votes of the members of your Committee on Economic Development & Business that is attached to this report, your Committee concurs with the intent and purpose of H.R. No. 26 and recommends that it be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Economic Development & Business,

____________________________

CLIFT TSUJI, Chair