STAND. COM. REP. NO. 1606-12
Honolulu, Hawaii
, 2012
RE: S.B. No. 2288
S.D. 1
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 2288, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO ENERGY,"
begs leave to report as follows:
(1) Disallowing a taxpayer to claim a tax credit for renewable energy technologies for installing a renewable energy system for, or entering into a power purchase agreement with, a county, state, or federal agency;
(2) Applying the renewable energy technologies credit on a per-property rather than a per-system basis; and
(3) Authorizing the issuance of general obligation bonds to purchase renewable energy systems for state facilities.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2288, S.D. 1, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ MARCUS R. OSHIRO, Chair |
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