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HI HB2551
Bill
Status
1/23/2014
Primary Sponsor
Faye Hanohano
Click for details
AI Summary
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Amends Hawaii Revised Statutes Section 182-7(c) to modify royalty distribution from geothermal resource developments on Hawaiian home lands.
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Changes royalty allocation so that 100 percent of geothermal royalties from Department of Hawaiian Home Lands properties are paid to the Department of Hawaiian Home Lands, instead of the standard 30 percent to counties.
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Maintains existing royalty provisions for other minerals, including bauxite and aluminum ore, which continue to distribute 30 percent of royalties to the relevant county.
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Takes effect upon approval.
Legislative Description
State Resources; Hawaiian Home Lands
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Cachola, Carroll excused (2).
2/11/2014