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Bill > SB2905


HI SB2905

HI SB2905
Relating To Energy.


summary

Introduced
01/23/2026
In Committee
02/20/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Increases the Environmental Response, Energy, and Food Security Tax and the amount collected from the tax that is deposited into the Electric Vehicle Charging System Subaccount. Effective 7/1/2050. (SD1)

AI Summary

This bill, effective July 1, 2050, increases the state environmental response, energy, and food security tax, commonly known as the "barrel tax," from $1.05 to $1.15 per barrel of petroleum product not used as aviation fuel. This tax increase is intended to provide more funding for electric vehicle charging infrastructure, as the existing rebate program has been successful but faces a growing demand that current funding levels cannot meet. Specifically, the bill increases the portion of the barrel tax deposited into the electric vehicle charging system subaccount from 3 cents to 13 cents per barrel, aiming to accelerate the build-out of necessary charging stations across the state to support the increasing adoption of electric vehicles, improve the economy, protect the environment, and promote affordability.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (4)

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (on 02/20/2026)

bill text


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