Loading chat...
HI HB1415
Bill
Status
3/3/2023
Primary Sponsor
Terez Amato
Click for details
AI Summary
-
Requires the Public Utilities Commission (PUC) to design and administer an Electric Vehicle Charging System Loan Program in consultation with electric vehicle stakeholders and the Hawaii State Energy Office.
-
Provides loans to low- to moderate-income homeowners and existing or new affordable housing developments that install eligible electric vehicle charging systems (alternating current level 2 stations or direct current fast charging systems).
-
Loans bear no interest for the first five years, then a maximum of 3% simple interest thereafter.
-
Establishes the Electric Vehicle Charging System Loan Revolving Fund to be funded by federal funds, legislative appropriations, private contributions, loan repayments, and accrued interest.
-
Appropriates funds from general revenues for fiscal year 2023-2024 to establish the revolving fund and provide loans under the program.
Legislative Description
Relating To Energy.
Appropriation ($)
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
3/24/2023