Bill Text: HI HB2372 | 2024 | Regular Session | Amended
Bill Title: Relating To The Solar Energy Storage Loan Program.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed) 2024-04-26 - Conference committee meeting to reconvene on 04-26-24 2:45 PM; CR 309. [HB2372 Detail]
Download: Hawaii-2024-HB2372-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2372 |
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THIRTY-SECOND LEGISLATURE, 2024 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE SOLAR ENERGY STORAGE LOAN PROGRAM.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Act
164, Session Laws of Hawaii 2023 (the General Appropriations Act of
2023), is amended by adding to part III a new section to be appropriately
designated and to read as follows:
"SECTION
. Provided that
out of the general fund appropriation for the solar energy storage loan program
for the Hawaii green infrastructure authority (BED138), the sum of $50,000,000
or so much thereof as may be necessary for fiscal year 2023-2024 shall be
deposited into the clean energy and energy efficiency revolving loan fund,
section 196-65.5, to be expended by the authority to make solar and storage
loans; provided further that the moneys provided in this section shall not
lapse at the end of the fiscal year for which the appropriation is made; and
provided further that any moneys that remain unencumbered on June 30, 2025,
shall lapse on that date."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on June 29, 3000.
Report Title:
Solar Energy Storage Loan Program; Hawaii Green Infrastructure Authority
Description:
Clarifies part III of Act 164, Session Laws of Hawaii 2023, as it pertains to the appropriation for the Solar Energy Storage Loan Program. Effective 6/29/3000. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
