summary
Introduced
01/22/2021
01/22/2021
In Committee
03/25/2021
03/25/2021
Crossed Over
03/09/2021
03/09/2021
Passed
Dead
05/05/2022
05/05/2022
Introduced Session
2021 Regular Session
Bill Summary
Establishes the Hawaii agriculture and forest carbon positive incentive program. Effective 7/1/2050. Appropriates funds on 7/1/2051. (SD2)
AI Summary
This bill establishes the Hawaii Agriculture and Forest Carbon Positive Incentive Program, which will provide financial incentives to private landowners and lessees for engaging in eligible practices that increase carbon sequestration and storage on their agricultural or forest lands. The program will be administered by the Hawaii Green Infrastructure Authority and funded in part by the Environmental Response, Energy, and Food Security Tax. The bill also requires the Greenhouse Gas Sequestration Task Force to identify and prioritize eligible carbon-positive activities for the program on an annual basis. The bill appropriates funds for the program starting in fiscal year 2021-2022.
Committee Categories
Agriculture and Natural Resources, Budget and Finance, Business and Industry
Sponsors (4)
Last Action
Carried over to 2022 Regular Session. (on 12/10/2021)
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