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HI HB451
Bill
Status
1/22/2013
Primary Sponsor
Chris Lee
Click for details
AI Summary
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Extends the environmental response, energy, and food security tax currently applied to petroleum products to include gaseous and solid fossil fuel products sold by distributors to retailers or end users (excluding refiners)
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Aims to create fair market competition by taxing all fossil fuel energy sources at the same rate regardless of product type
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Committee amended the bill to expand coverage to solid fossil fuels in addition to gaseous fuels
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Effective date set to January 1, 2100 to encourage further discussion and consideration of the measure
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Recommended for passage to the Committee on Finance with support from Hawaii Natural Energy Institute, Sierra Club, and individual testifiers; opposed by Hawaii Gas
Legislative Description
Environmental Response, Energy, and Food Security Tax; Liquid, Gaseous, and Solid Fossil Fuels
Last Action
The committee(s) on FIN recommend(s) that the measure be deferred.
2/20/2013