summary
Introduced
01/25/2023
01/25/2023
In Committee
02/01/2023
02/01/2023
Crossed Over
Passed
Dead
05/03/2024
05/03/2024
Introduced Session
2023 Regular Session
Bill Summary
Establishes a carbon emissions tax credit. Expands the environmental response, energy, and food security tax to include carbon emissions. Applies to taxable years beginning after 12/31/2023.
AI Summary
This bill establishes a carbon emissions tax credit and expands the existing environmental response, energy, and food security tax to include carbon emissions. The tax credits are set at specific amounts per year for different types of taxpayers, with the credits increasing over time. The tax rates on various fossil fuels and energy sources are also specified in the bill, which applies to taxable years beginning after December 31, 2023.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Carried over to 2024 Regular Session. (on 12/11/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1498&year=2024 |
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1498&year=2023 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2024/bills/HB1498_.HTM |
| BillText | https://www.capitol.hawaii.gov/sessions/session2023/bills/HB1498_.HTM |
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