Bill Text: HI HB2740 | 2012 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Power Generation; Naphtha Fuel Tax; Sunset; Repeal

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Passed) 2012-06-29 - (S) Act 188, 6/28/2012 (Gov. Msg. No. 1291). [HB2740 Detail]

Download: Hawaii-2012-HB2740-Amended.html

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STAND. COM. REP. NO.  317-12

 

Honolulu, Hawaii

                , 2012

 

RE:   H.B. No. 2740

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Energy & Environmental Protection, to which was referred H.B. No. 2740 entitled:

 

"A BILL FOR AN ACT RELATING TO TAXATION,"

 

begs leave to report as follows:

 

     The purpose of this measure is to maintain the reduced cost of electricity generation fueled by naphtha by making permanent the temporary reduction of the fuel tax on naphtha used in a power-generating facility.

 

     The Public Utilities Commission and Kauai Island Utility Cooperative testified in support of this measure.  The Department of Taxation and Tax Foundation of Hawaii provided comments on this measure.

 

     As affirmed by the record of votes of the members of your Committee on Energy & Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2740 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

 

Respectfully submitted on behalf of the members of the Committee on Energy & Environmental Protection,

 

 

		____________________________ DENNY COFFMAN, Chair