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HI SB3061
Bill
Status
1/24/2024
Primary Sponsor
Ronald Kouchi
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AI Summary
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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.
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Appropriates $50,000,000 from the general fund for fiscal year 2024-2025 to the Hawaii Green Infrastructure Authority (BED138) for the solar energy storage loan program.
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Requires the appropriated funds to be deposited into the clean energy and energy efficiency revolving loan fund established under Hawaii Revised Statutes section 196-65.5 to be used for solar and storage loans.
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Specifies that appropriated moneys shall not lapse at the end of fiscal year 2024-2025, but any funds remaining unencumbered on June 30, 2025 shall lapse on that date.
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Takes effect on January 1, 2050.
Legislative Description
Relating To The Solar Energy Storage Loan Program.
Hawaii Green Infrastructure Authority ($)
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/16/2024