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HI SR91

Resolution

Status

Passed

4/2/2025

Primary Sponsor

Mike Gabbard

Click for details

Origin

Senate

2025 Regular Session

AI Summary

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

  • Study must evaluate best practices for managing a green bonds program, clean energy initiatives that could benefit from green bond funding, and opportunities for interagency and public-private partnerships

  • Green bonds would support sustainable projects including renewable energy, energy efficiency, clean transportation, waste management, natural resource conservation, and green infrastructure

  • Hawaii State Energy Office must submit study findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the 2026 Regular Session convenes

  • Resolution references the Governor's January 28, 2025 executive order to accelerate renewable energy development and achieve 50,000 distributed renewable energy installations by 2030

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 and Resolution Adopted as amended (SD1). Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa).

4/2/2025

Committee Referrals

Energy and Intergovernmental Affairs3/11/2025

Full Bill Text

No bill text available