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HI HB2490
Bill
Status
1/25/2012
Primary Sponsor
Calvin Say
Click for details
AI Summary
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Provides electric utilities in Hawaii with a method for mitigating imputed debt associated with long-term power-purchase agreements.
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Supported by the Public Utilities Commission, Hawaiian Electric Company, Maui Electric Company, Hawaii Electric Light Company, Blue Planet Foundation, and ILWU Local 142.
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Committee on Consumer Protection & Commerce made technical, nonsubstantive amendments for clarity, consistency, and style.
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Recommended for referral to the Committee on Finance as H.B. No. 2490, H.D. 2.
Legislative Description
Debt Equivalence; Imputed Debt; Utility Companies; Cost Recovery
Last Action
(H) Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Belatti, C. Lee, M. Lee, Tokioka excused (4).
2/15/2012