RELATING TO WELL ABANDONMENT.
Summary
Establishes an income tax credit for taxpayers who are required to fill and seal abandoned wells on their real property. Clarifies the definition of the term "abandoned well". Requires sellers of real property to disclose the existence of wells on the property. Effective 7/1/2050. Tax credit applies to taxable years beginning after 12/31/2020. Tax credit sunsets on an unspecified date. (SD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Mar 2020
Senate Passage
Feb 2020
House Passage
Governor
Introduced Jan 16, 2020
Last action Mar 13, 2020
Floor votes · Senate Feb 18, 2020
How they voted
23–0
Passed · 2 other
Total votes 25
Feb 18, 2020
D
Democratic24
91% Yea
R
Republican1
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
3
Committee
5
Mar 13, 2020
Committee
Re-referred to CPC, FIN, referral sheet 43
lower
Feb 27, 2020
Committee
Referred to FIN, referral sheet 35
lower
Feb 18, 2020
Introduced
Received from Senate (Sen. Com. No. 21) in amended form (SD 1).
lower
Feb 18, 2020
Upper · Passed
Passed Third Reading, as amended (SD 1). Ayes, 23; Aye(s) with reservations: none . Noes, 0 (none). Excused, 2 (Senator(s) English, Nishihara). Transmitted to House.
upper
Jan 29, 2020
Upper · Passed
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 10 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Harimoto, Inouye, K. Kahele, Kanuha, Kidani, Riviere, Shimabukuro, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) English, Moriwaki, Taniguchi.
upper
Jan 24, 2020
Upper · Passed
The committee(s) on WAM has scheduled a public hearing on 01-29-20 10:10AM in conference room 211.
upper
Jan 17, 2020
Committee
Referred to WAM.
upper
Jan 16, 2020
Introduced
Introduced.
upper
2 primary · 0 co-sponsors
Sponsors
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