30th Legislature, 2020
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SB2556 SD1       (?)

Report Title: Renewable Energy Technologies; Income Tax Credit; Eligible Utility-scale Renewable Energy
Description: Defines an "eligible utility-scale renewable energy project" for purposes of a renewable energy technologies income tax credit available to commercial solar energy systems. Clarifies the calculation of the renewable energy technologies income tax credit for commercial solar energy systems. Provides that the value of the renewable energy technologies income tax credit for eligible utility-scale renewable energy projects shall be based on the credit value and cap that are in effect as of 7/1/2020. Provides that an eligible utility-scale renewable energy project shall only be eligible if they have a power purchase agreement that is either approved by a decision or order by the Public Utilities Commission or has filed with, or is pending approval from, the Public Utilities Commission prior to 12/31/2019. (SD1)
Package: None
Current Referral: EET, CPH/WAM
Introducer(s): WAKAI, KIDANI, Baker

Sort by Date Status Text
1/21/2020SPassed First Reading.
1/23/2020SReferred to EET, CPH/WAM.
2/4/2020SThe committee(s) on EET has scheduled a public hearing on 02-07-20 2:50PM in conference room 414.
2/7/2020SThe committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 3 Aye(s): Senator(s) Wakai, Inouye, J.Keohokalole; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Taniguchi, Fevella.
2/13/2020SReported from EET (Stand. Com. Rep. No. 2690) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPH/WAM.
2/13/2020SReport adopted; Passed Second Reading, as amended (SD 1) and referred to CPH/WAM.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB2556 SD1

EET 414 2/07/2020 2:50 PM View