HI SB2666

Creates an income tax credit for investments in construction and development of biofuel production facilities in Hawaii to encourage local biofuel production

Requires recipients of the biofuel production facility tax credit to repay the full credit amount in one payment within the tenth taxable year after receiving the final credit

Clarifies environmental assessment requirements for oil refineries by adding a new definition of oil refinery

Defines "capital expenditures" separately in the measure and makes technical amendments for style, clarity, and consistency