HOUSE OF REPRESENTATIVES

THE THIRTY-THIRD LEGISLATURE

REGULAR SESSION OF 2025

 

COMMITTEE ON ENERGY & ENVIRONMENTAL PROTECTION

Rep. Nicole E. Lowen, Chair

Rep. Amy A. Perruso, Vice Chair

 

Rep. Kirstin Kahaloa

Rep. Sean Quinlan

Rep. Matthias Kusch

Rep. Gene Ward

 

 

NOTICE OF DECISION MAKING

 

DATE:

Thursday, March 20, 2025

TIME:

11:30 AM

PLACE:

VIA VIDEOCONFERENCE

Conference Room 325

State Capitol

415 South Beretania Street

 

 

 

A live stream link of all House Standing Committee meetings will be available online

shortly before the scheduled start time.

 

Click here for the live stream of this meeting via YouTube.

 

 

 

A G E N D A

 

The following measure(s) were previously heard on Tuesday, March 18th 2025. 

 

SB 1501, SD2

(SSCR1050)

Status

RELATING TO ENERGY.

Allows the State to enter into step-in agreements for payment obligations arising under certain power purchase agreements.  Establishes the Power Purchasing Costs Trust Fund.  Establishes that revenues from on-bill charges for power purchase agreements and accompanying reserves shall be held in trust by the State, and that independent power producers shall hold a beneficial interest in the revenue and reserve to the extent of the amounts owed under the covered power purchase agreements.  Appoints, authorizes, and empowers an electric utility to serve as the billing, collection, payment, and managing agent of the Department of Budget and Finance in the service of performing step-in agreements.  Effective 5/13/2040.  (SD2)

 

EEP, FIN

 

 

 

 

As this is a decision making meeting only, no public testimony will be accepted.

 

If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e.,  interpretive services (oral or written) or ASL interpreter), please contact the Committee Clerk at least 24 hours prior to the hearing so arrangements can be made. 

 

For further information, please call the Committee Clerk at (808) 586-8400.

 

 

 

 

 

 

________________________________________

Rep. Nicole E. Lowen

Chair