STAND. COM. REP. NO.
Honolulu, Hawaii
APR 0 3 202t
RE: S.C.R. No. 171
S. D. 1
Honorable Ronald D. Kouchi
President of the Senate
Thirty-Second State Legislature
Regular Session of 2024
State of Hawaii
Sir:
Your Committee on Energy, Economic Development, and Tourism,
to which was referred S.C.R. No. 171 entitled:
"SENATE CONCURRENT RESOLUTION REQUESTING THE DEPARTMENT OF
BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM TO PROPOSE
LEGISLATION THAT ESTABLISHES TAX CREDITS FOR FIRM RENEWABLE
ELECTRICITY GENERATION,"
begs leave to report as follows:
The purpose and intent of this measure is to reguest the
Department of Business, Economic Development, and Tourism to
propose legislation that establishes tax credits for firm
renewable electricity generation.
Your Committee received testimony in support of this measure
from Hawaiian Electric; International Brotherhood of Electrical
Workers Local Union 1260; Pacific Biodiesel Technologies, LLC; and
one individual.
Your Committee received comments on this measure from the
Hawaii State Energy Office.
Your Committee finds that the achievement of the State's one
hundred percent Renewable Portfolio Standard by 2045 is highly
reliant on firm renewable energy generation and the State must
continue to support utility-scale renewable energy projects that
benefit residents and ratepayers. Your Committee further finds
2024-2417 SCR SSCR SMA.docx
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STAND. COM. REP. NO.
Page 2
that the State must provide certainty and clarity for firm
renewable generation projects to ensure their stability and long­
term financial viability. This measure, through proposed
legislation from the Department of Business, Economic Development,
and Tourism, will provide firm renewable energy technologies the
same opportunities, in the form of incentives, that are available
for other renewable energy technologies to successfully progress
the State towards a one hundred percent Renewable Portfolio
Standard.
Your Committee has amended this measure by:
(1) Clarifying that the Department of Business, Economic
Development, and Tourism is requested to propose
legislation that establishes incentives, rather than tax
credits, for firm renewable electricity generation;
(2) 7\mending its title to reflect its amended purpose; and
(3) Making technical, nonsubstantive amendments for the
purposes of clarity and consistency.
As affirmed by the record of votes of the members of your
Committee on Energy, Economic Development, and Tourism that is
attached to this report, your Committee concurs with the intent
and purpose of S.C.R. No. 171, as amended herein, and recommends
its adoption in the form attached hereto as S.C.R. No. 171,
S.D. 1.
Respectfully submitted on
behalf of the members of the
Committee on Energy, Economic
Development, and Tourism,
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The Senate
Thirty-Second Legislature
State of Hawaii
Record of Votes
Committee on Energy, Economic Deveiopment, and Tourism
EET
Bill / Resolution No.:* Committee Referral: Date:
__ The Committee is reconsidering its previous decision on this measure.
If so, then the previous decision was to: ______________________________________
The Recommendation is: Z
Pass, unamended Pass, with amendments __ Hold __ Recommit
2312 2311 2310 2313
Members Aye (WR) Nay Excused
DECOITE, Lynn (C)
WAKAI, Glenn (VC)
FUKUNAGA, Carol
KIM, Donna Mercado
FEVELLA, Kurt
Recommendation:
TOTAL
r—/
4- ' / Z
Adopted __ Not Adopted
Chair’s or Designee’s Signature:
Distribution: Original k yZ^llow J’ Pink Goldenrod
File with Committee Report —Clerkls Office / Drafting Agency Committee File Copy
*Only one measure^er Record of Votes
Revised; 12/27/23