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HI SCR110

Concurrent Resolution

Status

Engrossed

4/2/2025

Primary Sponsor

Mike Gabbard

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Requests the Hawaii State Energy Office to conduct a feasibility study on establishing a green bonds program in Hawaii to finance climate change and clean energy initiatives.

  • Study must evaluate best practices for managing a green bonds program, clean energy initiatives eligible for green bonds funding, and opportunities for interagency and public-private sector partnerships.

  • Requires submission of study findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the 2026 Regular Session convening.

  • References Hawaii's 2021 climate emergency declaration, Act 178 on climate vulnerability assessments, and the Governor's January 28, 2025 executive order accelerating renewable energy development with targets of 50,000 distributed renewable installations by 2030 and 100% renewable energy by 2035.

Legislative Description

Requesting The Hawaii State Energy Office To Conduct A Study Evaluating The Feasibility Of Establishing A Green Bonds Program In The State.

Report

Last Action

Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Garcia, Matayoshi excused (3).

4/11/2025

Committee Referrals

Finance4/11/2025
Energy & Environmental Protection4/4/2025
Energy and Intergovernmental Affairs3/11/2025

Full Bill Text

No bill text available