Hawaii SB2905 increases funding for the electric vehicle charging system rebate program by raising the environmental response, energy, and food.
Hawaii SB2905 aims to expand the electric vehicle charging system rebate program by increasing the environmental response, energy, and food security tax. This tax, also known as the "barrel tax," will see an increase from $1.05 to $1.15 per barrel of petroleum product sold. Of this tax, 13 cents per barrel will be deposited into the electric vehicle charging system subaccount to support the installation of new charging systems. The bill addresses the growing need for electric vehicle charging infrastructure in Hawaii, which lags behind the state's high rate of electric vehicle adoption.
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