RELATING TO RENEWABLE FUEL.
Summary
Updates the Renewable Fuels Production Tax Credit to incentivize local production of renewable fuel sold in the State. Extends the credit period. Amends the total amount of tax credits allowed in any calendar year. Resets credits claimed for taxable years beginning after 12/31/2023. Effective 7/1/3000. (HD2)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2024
Committee Review
Mar 2024
House Passage
Mar 2024
Senate Passage
Governor
Introduced Jan 24, 2024
Last action Mar 7, 2024
Floor votes
How they voted
This bill passed the House. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
16
Key actions
3
Committee
5
Mar 7, 2024
Committee
Referred to EET, WAM.
upper
Mar 7, 2024
Introduced
Received from House (Hse. Com. No. 446).
upper
Mar 5, 2024
Lower · Passed
Passed Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Aiu, Kila voting no (2) and Representative(s) Cochran, Martinez, Woodson excused (3). Transmitted to Senate.
lower
Feb 28, 2024
Lower · Passed
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Kitagawa, Chun, Garrett, Kahaloa, Kobayashi, Lamosao, Morikawa, Nishimoto, Poepoe, Takenouchi, Alcos, Ward; Ayes with reservations: none; 2 Noes: Representative(s) Aiu, Kila; and 1 Excused: Representative(s) Cochran.
lower
Feb 14, 2024
Committee
Reported from EEP (Stand. Com. Rep. No. 390-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Feb 8, 2024
Lower · Passed
The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Lowen, Cochran, Gates, Kahaloa, Woodson, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Perruso.
lower
Jan 26, 2024
Committee
Referred to EEP, FIN, referral sheet 3
lower
Jan 24, 2024
Introduced
Introduced and Pass First Reading.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Elle Cochran
RRepublican
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