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HI SB3061

Bill

Status

Introduced

1/24/2024

Primary Sponsor

Ronald Kouchi

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Origin

Senate

2024 Regular Session

AI Summary

  • Amends Act 164, Session Laws of Hawaii 2023 by adding a new section to part III regarding appropriations for the solar energy storage loan program.

  • Appropriates $50,000,000 from the general fund for fiscal year 2024-2025 to the Hawaii Green Infrastructure Authority (BED138) for the solar energy storage loan program.

  • Requires the appropriated funds to be deposited into the clean energy and energy efficiency revolving loan fund established under Hawaii Revised Statutes section 196-65.5 to be used for solar and storage loans.

  • Specifies that appropriated moneys shall not lapse at the end of fiscal year 2024-2025, but any funds remaining unencumbered on June 30, 2025 shall lapse on that date.

  • Takes effect on January 1, 2050.

Legislative Description

Relating To The Solar Energy Storage Loan Program.

Hawaii Green Infrastructure Authority ($)

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

2/16/2024

Committee Referrals

Ways and Means2/16/2024
Energy, Economic Development, and Tourism1/26/2024

Full Bill Text

No bill text available