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SB 665

Ensuring that survivor of merger, reorganization, purchase, or assumption of liabilities of bank chartered by WV is insured by FDIC

2025 Regular Session Introduced by Mike Azinger

SB 665 mandates a study on alternatives to combustible fuels in Hawaii, promoting cleaner energy solutions to enhance sustainability and create economic opportunities.

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Bill Summary · SB 665

Summary of Bill SB 665: Relating to Energy

Introduction

Bill SB 665 was introduced on January 17, 2025, and is currently referred to the Energy, Industry, and Government (EIG) and Ways and Means (WAM) committees. The bill focuses on exploring alternatives to combustible fuels and aims to enhance energy sustainability.

Purpose and Intent

The primary purpose of SB 665 is to promote the use of alternative energy sources by studying and reporting on options that can replace traditional combustible fuels. The bill seeks to address environmental concerns and energy security by encouraging the transition to cleaner energy solutions.

Key Provisions

  • Study on Combustible Fuel Alternatives: The bill mandates a comprehensive study to evaluate various alternatives to combustible fuels. This study will assess the feasibility, costs, and benefits of different energy sources.

  • Reporting Requirements: The findings from the study will be compiled into a report that will be submitted to the relevant legislative committees. This report is expected to provide recommendations on the best practices and policies for transitioning to alternative energy sources.

  • Collaboration with HSEO: The bill emphasizes collaboration with the Hawaii State Energy Office (HSEO) to ensure that the study is thorough and incorporates expert insights on energy alternatives.

Impact

  • Stakeholders Affected: The bill will primarily impact energy producers, consumers, and policymakers in Hawaii. It aims to provide a framework for transitioning to more sustainable energy practices, which could benefit the environment and public health.

  • Potential Economic Implications: By exploring alternatives to combustible fuels, the bill may lead to new economic opportunities in the renewable energy sector, potentially creating jobs and reducing reliance on imported fuels.

Procedural Timeline

  • January 17, 2025: Bill introduced and passed the first reading.
  • January 23, 2025: Referred to the EIG and WAM committees for further consideration.

Conclusion

SB 665 represents a proactive approach to energy policy in Hawaii, focusing on the exploration of alternatives to combustible fuels. By mandating a study and report, the bill aims to lay the groundwork for a more sustainable energy future, addressing both environmental and economic concerns.

Compiled from official sources — confirm details with the bill’s official record.

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