HI HB421 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on January 26 2015 - 25% progression, died in committee
Action: 2015-12-17 - Carried over to 2016 Regular Session.
Pending: House Energy & Environmental Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 26 2015 - 25% progression, died in committee
Action: 2015-12-17 - Carried over to 2016 Regular Session.
Pending: House Energy & Environmental Protection Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes an income tax credit for each independent energy storage property installed and placed in service during the taxable year beginning after December 31, 2015; provided that this tax credit shall not be available for taxable years beginning after December 31, 2025. Allows the tax credit to be claimed as either an investment credit or utilization credit. Appropriates funds to administer the tax credit.
Title
Energy Storage; Tax Credit; Investment; Utilization; Appropriation ($)
Sponsors
| Rep. Beth Fukumoto Chang [R] | Rep. Lauren Matsumoto [R] | Rep. Bob McDermott [R] | Rep. Feki Pouha [R] |
| Rep. Cynthia Thielen [R] | Rep. Andria Tupola [R] | Rep. Gene Ward [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-12-17 | Carried over to 2016 Regular Session. | |
| 2015-01-26 | House | Referred to EEP, CPC, FIN, referral sheet 1 |
| 2015-01-26 | House | Introduced and Pass First Reading. |
| 2015-01-23 | House | Pending introduction. |
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=421&year=2016 |
| Text | http://www.capitol.hawaii.gov/session2016/bills/HB421_.HTM |
