Bill Text: HI HB1207 | 2021 | Regular Session | Introduced
Bill Title: Relating To Environmental Response.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2021-02-01 - Referred to EEP, FIN, referral sheet 3 [HB1207 Detail]
Download: Hawaii-2021-HB1207-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1207 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO Environmental response.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 128D-2, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is created within the state treasury an
environmental response revolving fund, which shall consist of moneys
appropriated to the fund by the legislature, moneys paid to the fund as a
result of departmental compliance proceedings, moneys paid to the fund pursuant
to court-ordered awards or judgments, moneys paid to the fund in court-approved
or out-of-court settlements, all interest attributable to investment of money
deposited in the fund, moneys deposited in the fund from
the environmental response[, energy, and food security] tax pursuant to
section 243-3.5, and moneys allotted to the fund from other sources."
SECTION 2. Section 141-10, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) The following moneys shall be deposited into
the special fund:
[(1) The portion of the environmental response,
energy, and food security tax specified under section 243-3.5;
(2)] (1) Any appropriation by the legislature into the
special fund;
[(3)] (2) Any grant or donation made to the special
fund; and
[(4)] (3) Any interest earned on the balance of the
special fund."
SECTION 3. Section 201-12.8, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is created within the state treasury an
energy security special fund, which shall consist of:
[(1) The portion of
the environmental response, energy, and food security tax specified under
section 243-3.5;
(2)] (1) Moneys appropriated to the fund by the
legislature;
[(3)] (2) All interest attributable to investment
of money deposited in the fund; and
[(4)] (3) Moneys allotted to the fund from other
sources, including under section 196-6.5."
SECTION 4. Section 243-3.5, Hawaii Revised Statutes, is amended as follows:
1. By amending its title and subsections (a) and (b) to read:
"§243-3.5 Environmental response[,
energy, and food security] tax; uses.
(a)
In addition to any other taxes provided by law, subject to the exemptions
set forth in section 243-7, there is hereby imposed a state environmental
response[, energy, and food security] tax on each barrel or fractional
part of a barrel of petroleum product sold by a distributor to any retail
dealer or end user of petroleum product, other than a refiner. The tax shall be $1.05 on each barrel or
fractional part of a barrel of petroleum product that is not aviation fuel;
provided that of the tax collected pursuant to this subsection[:],
[(1)] 5 cents of the tax on each barrel shall be deposited
into the environmental response revolving fund established
under section 128D-2[;
(2) 5 cents of the tax on each barrel shall be
deposited into the energy security special fund established under section
201-12.8;
(3) 10 cents of the tax on each barrel shall be
deposited into the energy systems development special fund established under
section 304A-2169.1; and
(4) 15 cents of the tax on each barrel shall be
deposited into the agricultural development and food security special fund
established under section 141-10].
The tax imposed by this subsection shall be paid by the distributor of the petroleum product.
(b) In addition to subsection (a), the tax shall
also be imposed on each one million British thermal units of fossil fuel sold
by a distributor to any retail dealer or end user, other than a refiner, of
fossil fuel. The tax shall be 19 cents on
each one million British thermal units of fossil fuel[; provided that of the
tax collected pursuant to this subsection:
(1) 4.8 per cent of the tax on each one million
British thermal units shall be deposited into the environmental response
revolving fund established under section 128D-2;
(3) 9.5 per cent of the tax on each one million British thermal
units shall be deposited into the energy systems development special fund
established under section 304A-2169.1; and
(4) 14.3 per cent of the tax on each one million British thermal
units shall be deposited into the agricultural development and food security
special fund established under section 141-10].
The tax imposed by this subsection
shall be paid by the distributor of the fossil fuel."
2. By amending subsection (f) to read:
"(f) Notwithstanding section 248-8 to the
contrary, the environmental response[, energy, and food security] tax
collected under this section shall be deposited into the general fund; provided
that taxes collected for deposit into the environmental response revolving fund
pursuant to subsection (a) shall be paid over to the director of finance
for deposit [as provided in subsection (a) or (b), as the case may be]."
SECTION 5. Section 304A-2169.1, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) Deposits into the special fund may be from the following:
(1) Appropriations
from the legislature; and
[(2) A portion of
the environmental response, energy, and food security tax pursuant to section
243-3.5; and
(3)] (2) Investment earnings, gifts, donations,
or other income received by the Hawaii natural energy institute."
SECTION 6. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 7. This Act shall take effect on July 1, 2021.
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INTRODUCED BY: |
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Report Title:
Environmental Response; Barrel Tax; Fossil Fuels; General Fund
Description:
Renames the environmental response, energy, and food security tax the environmental response tax. Repeals the deposit of taxes collected on barrels of petroleum products into the energy security special fund, energy systems development special fund, and agricultural development and food security special fund. Requires all taxes collected on each one million British thermal units of fossil fuels to be deposited into the general fund.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
