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HomeMy WebLinkAboutRES 886 Draft 01 1980-1984 County of Hawaii - State of Hawaii Resolution WHEREAS, on March 16, 1984, the Senate Finance Committee approved an amendment to extend energy tax credits for alternative energy systems proposed by Senator Spark Matsunaga.(D-HI); and WHEREAS, the amendment to extend the tax credits will be up for adoption by the U. S. Senate in the near future; and WHEREAS, the tax credits extend to the development of Ocean Thermal Energy Conversion (OTEC), wind, solar, geothermal and biomass, of which Hawaii's role at the present is considered the leading alternative energy laboratory in the United States, may benefit greatly from this extension; and WHEREAS, Senator Matsunaga's amendment extends to the end of 1988, with an additional 12 months, for certain commitments from sponsors, which include a 15 percent business energy tax credit for solar, wind, geothermal, and OTEC and a 10 percent credit for biomass energy development; and WHEREAS, the extension will reduce the sponsors' costs and at the same time encourage the development of a much needed renewable energy technology to replace Hawaii's reliance on energy (90~) from foreign sources. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that it wholeheartedly endorses the passage of the amendment to extend energy tax credits for alternative energy systems proposed by Senator Spark Matsunaga. BE IT FURTHER RESOLVED that the Clerk of the County of Hawaii be hereby instructed to send copies of this resolution to Senators Daniel K. Inouye and Spark M. Matsunaga and Representatives Daniel Akaka and Cecil Heftel. Dated at Hilo, Hawaii, this COUNTY COUNCIL County of Hawaii Hilo, Hawaii 9th day of May INTRODUCED BY: 1984. ~1J~XYQ~ CO CIL MEMBER, COUNTY OF HAWA I hereby certify that the foregoing RESOLUTION was by the vote indicated to the right hereof adopted by the COUNCIL of the County of Hawaii on May 9, 1984 ATTEST: ~. -~ l~~iJy~; ~.~ COUNTY CL K Y AIR AN & PR~~IDING OFFICER ROLL CALL VOTE IAYESI NOESI A/EI Dahlberg x De Luz, III x Domingo x Fujii x Hale x Kawahara x Lai x Schulte g Reference: M.B. No. RESOLUTION N0. 8V~ SY