Energy security special fund; uses
HRS §201-12.8
in effect201-12.8. Energy security special fund; uses
(a) There is created within the state treasury an energy security special fund, which shall consist of:
(1) The portion of the environmental response,
energy, and food security tax specified under section 243-3.5;
(2) Moneys appropriated to the fund by the
legislature;
(3) All interest attributable to investment of money
deposited in the fund; and
(4) Moneys allotted to the fund from other sources,
including under section 196-6.5.
(b) Subject to legislative appropriation,
moneys from the fund may be expended by the Hawaii state energy office for the
following purposes and used for no other purposes, except for those set forth
in this section:
(1) To support the Hawaii clean energy initiative
program and projects that promote and advance dependable and affordable energy,
renewable energy, energy efficiency, energy self-sufficiency, and greater
energy security and resiliency for the State and public facilities;
(2) To fund, to the extent possible, the climate
change mitigation and adaptation commission and the greenhouse gas
sequestration task force;
(3) To support achieving the zero emissions clean
economy target set forth in section 225P-5;
(4) To fund projects and incentives to promote the
adoption of clean transportation technologies, develop clean vehicle charging
infrastructure, and upgrade infrastructure to support the development of clean
vehicle charging infrastructure; and
(5) To fund, to the extent possible, the duties of
the state building code council in section 107-24, as they relate to the
development of energy conservation codes.
(c) The chief energy officer shall submit a
report to the legislature, no later than twenty days prior to the convening of
each regular session, on the status and progress of existing programs and
activities and the status of new programs and activities funded by the energy
security special fund. The report shall also include:
(1) The spending plan of the energy security special
fund;
(2) All expenditures of energy security special fund
moneys; and
(3) The targeted markets of the expenditures,
including the reason for selecting those markets; the persons to be served; and
the specific objectives of the expenditures, including measurable outcomes.
[L
2008, c 208, §3; am L 2010, c 73, §§3, 14 and c 175, §3; am L 2014, c 9, §12
and c 107, §3(2); am L 2015, c 185, §4; am L 2019, c 122, §5; am L 2021, c 107,
§7; am L 2024, c 55, §4]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0201/HRS_0201-0012_0008.htmFetched: 11/10/2026