This bill creates a general excise tax exemption for the sale of aircraft parts and tools to airlines in Hawaii. It directly affects aviation companies that purchase materials for servicing planes or building maintenance facilities. The law corrects a previous legal ruling that had excluded these parts from the tax exemption, aligning the rules with those used for importing such items. By removing the tax on these specific purchases, the state aims to support the airline industry and remain competitive with other states. The changes will officially take effect on January 1, 2027.
This bill proposes amendments to Hawaii's 2027 supplemental budget for four state departments, adjusting funding levels and staffing plans to reflect updated operational needs. It adds money to support healthcare cost-sharing, land management and cleanup projects, airport security and workforce programs, and highway safety enforcement technology. The document also reallocates certain positions and funds between departments to better align resources with specific program goals, while withdrawing some previously requested amounts for speed enforcement systems.
Establishes a tax credit for sustainable aviation fuel distribution in Hawaii to reduce greenhouse gas emissions. Provides $1 per gallon, increasing by 2 cents per additional 1 per cent emissions reduction, up to $2 per gallon. Caps total credits at $20,000,000 annually, with carryover provisions. Requires reporting to ensure transparency and compliance. Applies to taxable years after December 31, 2025, and sunsets on December 31, 2035.
Authorizes the issuance of $15 million in general obligation bonds to finance the planning, design, and construction of a 50,000 square foot aerospace hangar and related facilities at Hilo international airport. Requires matching contributions from the federal government and private sector. Directs appropriation to be expended by the Department of Transportation. Requires a report to the Legislature. Effective 7/1/2050. (SD1)
Requires the Department of Transportation to transition all motor vehicles used within airport grounds to zero emission vehicles to meet the State's zero emissions clean economy target.
Establishes a tax credit for sustainable aviation fuel distribution in Hawaii to reduce greenhouse gas emissions. Provides $1 per gallon, increasing by 2 cents per additional 1 per cent emissions reduction, up to $2 per gallon. Caps total credits at $20,000,000 annually, with carryover provisions. Requires reporting to ensure transparency and compliance. Applies to taxable years beginning after December 31, 2026, and sunsets on December 31, 2035. Effective 7/1/3000. (HD2)
Amends the renewable fuels production tax credit by: increasing the tax credit rate; specifying that the credit may be claimed for fuels that meet certain lifecycle greenhouse gas emissions and product transportation emissions thresholds; adding credit values for low lifecycle emissions renewable fuels and sustainable aviation fuels produced; allowing a taxpayer who previously claimed a credit to claim another credit for taxable years beginning after 12/31/2024; amending the credit period to be for a maximum period of ten consecutive years beginning from the effective date of this Act; and amending the required information in the certified statement. Effective 7/1/3000. (HD2)
Authorizes the Department of Transportation to designate airport special district zones within airports statewide. Adds a new HRS section to help prevent unauthorized access and enhance security. (SD1)
HB 2333 authorizes the Hawaii Department of Transportation to create designated "airport special district zones" within airports across the state. These zones would allow the DOT to manage specific areas for development, operations, or services under its jurisdiction. The bill takes effect on July 1, 3000, and does not directly impact residents or businesses outside airport properties. It establishes a procedural framework for airport management rather than changing tax rates, fees, or public services.
Establishes a tax credit for sustainable aviation fuel distribution in Hawaii to reduce greenhouse gas emissions. Provides $1 per gallon, increasing by 2 cents per additional 1 per cent emissions reduction, up to $2 per gallon. Caps total credits at $20,000,000 annually, with carryover provisions. Requires reporting to ensure transparency and compliance. Applies to taxable years after December 31, 2025, and sunsets on December 31, 2035.
