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THE SENATE |
S.B. NO. |
3061 |
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THIRTY-SECOND LEGISLATURE, 2024 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE SOLAR ENERGY STORAGE LOAN PROGRAM.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Act
164, Session Laws of Hawaii 2023 (the General Appropriations Act of
2023), is amended by adding to part III a new section to be appropriately
designated and to read as follows:
"SECTION .
Provided that out of the general fund appropriation for the solar energy
storage loan program for the Hawaii green infrastructure authority (BED138),
the sum of $50,000,000 or so much thereof as may be necessary for fiscal year
2024-2025 shall be deposited into the clean energy and energy efficiency
revolving loan fund, section 196-65.5, to be expended by the authority to make
solar and storage loans; provided further that the moneys provided in this
section shall not lapse at the end of the fiscal year for which the
appropriation is made; and provided further that any moneys that remain
unencumbered on June 30, 2025, shall lapse on that date."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act, upon its approval, shall take effect on June 29, 2024.
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INTRODUCED BY: |
_____________________________ |
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BY REQUEST |
Report Title:
Solar Energy Storage Loan Program; Hawaii Green Infrastructure Authority
Description:
Clarifies part III of Act 164, Session Laws of Hawaii 2023, as it pertains to the appropriation for the Solar Energy Storage Loan Program.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.