HI SB361 | 2018 | Regular Session
Note: Carry Over of previous SB361
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 20 2017 - 25% progression, died in committee
Action: 2017-11-30 - Carried over to 2018 Regular Session.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 20 2017 - 25% progression, died in committee
Action: 2017-11-30 - Carried over to 2018 Regular Session.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Summary
Establishes an income tax credit for taxpayers who purchase and install eligible energy storage systems. The amount of credit depends on type of system installed, filing status, and federal AGI of taxpayer. Excess credit may carry-over to subsequent tax years or is refundable under certain conditions. Applies to taxable years after 12/31/2017. Sunsets tax credit 12/31/2035. Requires the Department of Business, Economic Development, and Tourism to conduct a study and submit a report to the Legislature regarding the usage of energy storage systems. Amends reusable energy technologies tax credit to harmonize definitions. (SD1)
Title
Relating To Energy Storage.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2017-11-30 | Carried over to 2018 Regular Session. | |
2017-02-17 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
2017-02-17 | Senate | Reported from TRE (Stand. Com. Rep. No. 480) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
2017-02-15 | Senate | The committee(s) on TRE recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TRE were as follows: 3 Aye(s): Senator(s) Inouye, Dela Cruz, Shimabukuro; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) English, Harimoto. |
2017-02-10 | Senate | The committee(s) on TRE has rescheduled its public hearing to 02-15-17 2:30PM in conference room 225. |
2017-02-07 | Senate | The committee(s) on TRE has scheduled a public hearing on 02-15-17 1:20PM in conference room 225. |
2017-01-31 | Senate | The committee(s) on TRE deleted the measure from the public hearing scheduled on 02-03-17 1:15PM in conference room 225. |
2017-01-30 | Senate | The committee(s) on TRE has scheduled a public hearing on 02-03-17 1:15PM in conference room 225. |
2017-01-23 | Senate | Referred to TRE, WAM. |
2017-01-23 | Senate | Passed First Reading. |
2017-01-20 | Senate | Introduced. |
Same As/Similar To
SB361 (Carry Over) 2017-02-17 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.