SENATE FLOOR AMENDMENT

 

FLOOR AMENDMENT NO.   6 Date: 03-09-04

TO: S.B. No. 2474, SD2

SECTION 1. Senate Bill No. 2474, S.D. 2, is amended by amending section 3 to read as follows:

"SECTION 3. Section 269-92, Hawaii Revised Statutes, is amended to read as follows:

"[[]269-92[]] Renewable portfolio standards. Each electric utility company that sells electricity for consumption in the State shall establish a [renewables] renewable portfolio standard [goal] of:

(1) Seven per cent of its net electricity sales by December 31, 2003;

(2) Eight per cent of its net electricity sales by December 31, 2005; [and]

(3) Nine per cent of its net electricity sales by December 31, 2010[.];

(4) Twenty per cent of its net electricity sales by December 31, 2015; and

(5) Thirty per cent of its net electricity sales by December 31, 2020.""

SECTION 2. Senate Bill No. 2474, S.D. 2, is amended by amending section 6 to read as follows:

"SECTION 6. This Act shall take effect on July 1, 2030."