HI HB1410 | 2013 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2013 - 25% progression, died in chamber
Action: 2013-02-14 - The committee(s) on EEP/EDB recommend(s) that the measure be deferred.
Text: Latest bill text (Introduced) [HTML]

Summary

Replaces the ethanol facility tax credit with the biofuel production facility tax credit. Expands tax credit eligibility to include larger facilities and production of multiple types of biofuel. Changes the formula for calculating the amount of tax credit allowed and caps the amount of tax credits allowed. Limits the credit to Hawaii biofuel production facilities. Allows the Department of Business, Economic Development, and Tourism to increase the aggregate tax cap with reporting requirements. Applies to taxable years beginning after December 31, 2014.

Tracking Information

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Title

Renewable Fuels; Biofuels; Ethanol; Tax Credits

Sponsors


History

DateChamberAction
2013-02-14HouseThe committee(s) on EEP/EDB recommend(s) that the measure be deferred.
2013-02-11HouseBill scheduled to be heard by EEP/EDB on Thursday, 02-14-13 8:30AM in House conference room 325.
2013-01-28HouseReferred to EEP/EDB, FIN, referral sheet 7
2013-01-24HouseIntroduced and Passed First Reading

Hawaii State Sources


Bill Comments

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