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."