HI SB910

Replaces the Department of Business, Economic Development, and Tourism's certification and verification requirements for the renewable fuels production tax credit with a simplified survey process.

Requires taxpayers claiming the credit to file an annual certified statement with DBEDT within 30 days after calendar year-end, reporting fuel type, quantity, BTU value, feedstock used, credit amount, and employee information.

Maintains the $3,000,000 annual aggregate cap on credits; if claims exceed this amount, the $3,000,000 shall be divided proportionally among all eligible taxpayers based on renewable fuels produced.

Requires DBEDT to issue a certificate to taxpayers within 30 days of receiving the statement and to submit annual reports to the governor and legislature on facilities, total BTU production by fuel type, and production projections.

Effective July 1, 2050, and applies to taxable calendar years beginning after December 31, 2050.