Bill Text: HI HCR44 | 2013 | Regular Session | Introduced

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

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Bill Title: DOTAX; DBEDT; Solar Water Heating System Tax Credit; Study

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed - Dead) 2013-04-15 - Referred to ENE/WAM. [HCR44 Detail]

Download: Hawaii-2013-HCR44-Introduced.html

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HOUSE OF REPRESENTATIVES	H.C.R. NO.	44
TWENTY-SEVENTH LEGISLATURE, 2013
STATE OF HAWAII

HOUSE CONCURRENT

RESOLUTION

 

 

REQUESTING THE DEPARTMENT OF TAXATION, WITH THE COOPERATION OF THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM, TO CONDUCT A STUDY ON THE FEASIBILITY OF OFFERING A SOLAR WATER HEATING SYSTEM TAX CREDIT.

 

 

 

     WHEREAS, the Legislature has made a commitment toward achieving greater energy sustainability and reducing the State's reliance on fossil fuels; and

 

     WHEREAS, it is a priority of the State, expressed through the Hawaii Clean Energy Initiative, to develop a clean energy economy for Hawaii, with a goal of achieving seventy per cent clean energy consumption by 2030; and

 

     WHEREAS, in addition to building investment in Hawaii's economy, developing a clean energy economy will help to keep the billions of dollars spent annually on imported oil within the State; and

 

     WHEREAS, one method of reducing dependence on fossil fuels is to make use of Hawaii's natural resources, such as solar energy; and

 

     WHEREAS, electric utility companies have provided cash rebates for consumers who install residential solar water heating systems and, in the past, state and federal tax credits have also been offered for the installation of solar hot water systems; and

 

     WHEREAS, the Legislature continues to examine various proposals to offer financial incentives to consumers that utilize renewable energy resources, such as solar energy; now, therefore,

 

     BE IT RESOLVED by the House of Representatives of the Twenty-seventh Legislature of the State of Hawaii, Regular Session of 2013, the Senate concurring, that the Department of Taxation, with the cooperation of the Department of Business, Economic Development, and Tourism, is requested to conduct a cost-benefit analysis and determine the feasibility of the proposal set forth in House Bill No. 2055, Regular Session of 2012, as introduced, that offers an income tax credit for the maintenance of a solar water heating system; and

 

     BE IT FURTHER RESOLVED that the Department of Taxation, in consultation with the Department of Business, Economic Development, and Tourism, is requested to submit a report of its findings and recommendations, including proposed legislation, to the Legislature no later than twenty days prior to the convening of the Regular Session of 2014; and

 

     BE IT FURTHER RESOLVED that certified copies of this Concurrent Resolution be transmitted to the Director of Taxation and Director of Business, Economic Development, and Tourism.

 

 

 

	OFFERED BY:	_____________________________

Report Title: 

DOTAX; DBEDT; Solar Water Heating System Tax Credit; Study