THE SENATE

S.B. NO.

2650

THIRTY-SECOND LEGISLATURE, 2024

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

relating to geothermal resources.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  The legislature finds that geothermal resources can provide stable power and community benefits and are a viable alternative to biofuels.  Act 205, Session Laws of Hawaii 2022, appropriated $500,000 as start-up funding for the exploration of geothermal resources on Hawaiian home lands.  The legislature recognizes that additional moneys are needed to allow the department of Hawaiian home lands to gather more information and to investigate suspected hot spots of geothermal activity.

     Accordingly, the purpose of this Act is to appropriate moneys for the continued exploration and identification of geothermal resources on Hawaiian home lands.

     SECTION 2.  In accordance with section 9 of article VII, of the Constitution of the State of Hawaii and sections 37-91 and 37-93, Hawaii Revised Statutes, the legislature has determined that the appropriation contained in this Act will cause the state general fund expenditure ceiling for fiscal year 2024-2025 to be exceeded by $          , or       per cent.  The reasons for exceeding the general fund expenditure ceiling are that the appropriation made in this Act is necessary to serve the public interest and to meet the need provided for by this Act.

     SECTION 3.  There is appropriated out of the general revenues of the State of Hawaii the sum of $6,000,000 or so much thereof as may be necessary for fiscal year 2024-2025 for the continued exploration and identification of geothermal resources on Hawaiian home lands.

     The sum appropriated shall be expended by the department of Hawaiian home lands for the purposes of this Act.

     SECTION 4.  This Act shall take effect on July 1, 2024.

 

INTRODUCED BY:

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Report Title:

Department of Hawaiian Home Lands; Geothermal Resources; Appropriation; General Fund Expenditure Ceiling Exceeded

 

Description:

Appropriates moneys for the continued exploration and identification of geothermal resources on Hawaiian Home Lands.  Declares that the appropriation exceeds the state general fund expenditure ceiling for 2024-2025.

 

 

 

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