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HB1403
HOUSE OF REPRESENTATIVES
H.B. NO.
1403
THIRTY-THIRD LEGISLATURE, 2025
STATE OF HAWAII
A BILL FOR AN ACT
relating
to geothermal energy exploration
.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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SECTION 1.
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The legislature finds that geothermal
resources can provide stable power and community benefits and are a viable
alternative to biofuels.
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In 2024, the
legislature appropriated $6,000,000 for an integrated geothermal development
plan to be administered by the Hawaii technology development corporation.
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The governor subsequently reduced the appropriation
to $3,000,000.
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Through a partnership
between the Hawaii technology development corporation and the university of
Hawaii, work has already begun on an integrated geothermal development roadmap
with the goal of developing the first utility-scale 50-100-megawatt power
station on Hawaii island.
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Hawaii island holds the most promise
for geothermal energy development.
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All
geothermal testing done in the State confirms that the largest and most
reliable source of geothermal energy is located on Hawaii island.
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Hawaii island is also the only island that
has enough agricultural and pastoral land to meet the State's need for food
self-sufficiency and security in the future.
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The legislature recognizes that an additional
appropriation is needed to allow the Hawaii technology development corporation to
continue the geothermal energy exploration currently underway.
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Further funding would ensure that the Hawaii
technology development corporation can oversee a development plan, administer
an extensive community outreach program, and build on previous investigations
by the department of Hawaiian home lands and other entities.
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Accordingly, the purpose of this Act
is to appropriate funds to the department of business, economic development,
and tourism for the exploration and identification of geothermal resources on
Hawaii island.
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SECTION
2.
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There is appropriated out of the
general revenues of the State of Hawaii the sum of $6,000,000 or so much
thereof as may be necessary for fiscal year 2025-2026 and the same sum or so
much thereof as may be necessary for fiscal year 2026-2027
for the exploration and identification of geothermal
resources on Hawaii island
.
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The sums
appropriated shall be expended by the
department of business, economic development, and tourism for the purposes of
this Act.
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SECTION 3.
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This Act shall take effect on July 1, 2025.
INTRODUCED BY:
_____________________________
Report Title:
DBEDT; Geothermal
Energy; Hawaii Island; Exploration; Identification; Appropriation
Description:
Appropriates
funds to the Department of Business, Economic Development, and Tourism for the exploration
and identification of geothermal resources on Hawaii island.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.