STAND. COM. REP. NO. 71-16
Honolulu, Hawaii
, 2016
RE: H.B. No. 1524
H.D. 1
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Eighth State Legislature
Regular Session of 2016
State of Hawaii
Sir:
Your Committee on Energy & Environmental Protection, to which was referred H.B. No. 1524 entitled:
"A BILL FOR AN ACT RELATING TO CLEAN ENERGY,"
begs leave to report as follows:
(1) Establishing a Property Assessed Clean Energy Program (Program) to provide loans for renewable energy systems and energy efficiency improvements;
(2) Increasing a property's tax assessment to make loan payments to the Program; and
(3) Authorizing the issuance of revenue bonds and appropriating bond revenues to finance the Program.
Your Committee has amended this measure by changing its effective date to January 1, 2075, to encourage further discussion.
As affirmed by the record of votes of the members of your Committee on Energy & Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1524, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1524, H.D. 1, and be referred to your Committee on Economic Development & Business.
Respectfully submitted on behalf of the members of the Committee on Energy & Environmental Protection,
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____________________________ CHRIS LEE, Chair |
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