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HI HB2571
Bill
Status
1/27/2016
Primary Sponsor
Chris Lee
Click for details
AI Summary
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Prohibits investor-owned electric utilities from building, installing, acquiring, owning, or operating any new generation resources after June 30, 2016.
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Requires investor-owned electric utilities to divest all existing generation resources and cease operations by December 31, 2020.
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Prevents investor-owned electric utilities from purchasing electricity from affiliated interests for distribution to customers.
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Utilities that violate these provisions are prohibited from recovering associated investment costs from customers and are subject to fines, penalties, and regulatory actions.
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Effective date: January 1, 2045.
Legislative Description
Investor-Owned Electric Utilities; Generation Resources
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Say voting aye with reservations; Representative(s) Belatti voting no (1) and Representative(s) Nakashima, Thielen, Tokioka excused (3).
2/19/2016