SB 361 Hawaii Senate · 2017 Regular Session

RELATING TO ENERGY STORAGE.

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)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2017

Committee Review

Floor Vote

Governor

Introduced Jan 20, 2017 Last action Feb 17, 2017

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 17, 2017

Committee

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

legislature

Feb 17, 2017

Committee

Reported from TRE (Stand. Com. Rep. No. 480) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

legislature

Feb 15, 2017

Legislature · Passed

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.

legislature

Feb 10, 2017

Legislature · Passed

The committee(s) on TRE has rescheduled its public hearing to 02-15-17 2:30PM in conference room 225.

legislature

Feb 7, 2017

Legislature · Passed

The committee(s) on TRE has scheduled a public hearing on 02-15-17 1:20PM in conference room 225.

legislature

Jan 31, 2017

Legislature · Passed

The committee(s) on TRE deleted the measure from the public hearing scheduled on 02-03-17 1:15PM in conference room 225.

legislature

Jan 30, 2017

Legislature · Passed

The committee(s) on TRE has scheduled a public hearing on 02-03-17 1:15PM in conference room 225.

legislature

Jan 23, 2017

Committee

Referred to TRE, WAM.

legislature

Jan 20, 2017

Introduced

Introduced.

legislature

2 primary · 0 co-sponsors