Measure Title: RELATING TO RENEWABLE ENERGY TAX CREDITS.
Report Title: DOTAX; Renewable Energy Technologies Income Tax Credit; Condominium Associations; Credit Transfers
Description: Allows a condominium association that claims a Renewable Energy Technologies Income Tax Credit under section 235-12.5, HRS, to transfer the credit, or a portion thereof, to another individual or corporate taxpayer that is not related to the condominium association. Requires the Director of the Department of Taxation to prepare forms necessary for the transfer of Renewable Energy Technologies Income Tax Credits. Provides that condominium association unit owners shall not be entitled to any apportionment or distribution of a transferred Renewable Energy Technologies Income Tax Credit when a condominium association transfers the tax credit. Takes effect 7/1/2040. (SD1)
Companion:
Package: None
Current Referral: CPN, WAM
Introducer(s): KEOHOKALOLE, CHANG, FEVELLA, HASHIMOTO, KIDANI, MORIWAKI, RICHARDS, Fukunaga, Shimabukuro, Wakai
Act:

Sort by Date Status Text
2/14/2024SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/14/2024SReported from CPN (Stand. Com. Rep. No. 2371) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/6/2024SThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
2/2/2024SThe committee(s) on CPN has scheduled a public hearing on 02-06-24 9:30AM; CR 229 & Videoconference.
1/18/2024SReferred to CPN, WAM.
1/17/2024SIntroduced and passed First Reading.
1/16/2024SPending Introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

Some of the above items require Adobe Acrobat Reader. Please visit Adobe's download page for detailed instructions.


SB2108 SD1
All Versions of this Measure
Committee Reports
Hearing Notices
CPN
2/06/24 9:30A
CR 229 & Videoconference