Bill > SB1086

This bill addresses the critical need for maintaining and improving Hawaii's irrigation systems by authorizing the Director of Finance to issue general obligation bonds and appropriate funds for capital improvement projects. The legislation recognizes that reliable irrigation is essential for Hawaii's agricultural industry, particularly in light of increasing drought events. The bill allows the Director of Finance to issue bonds for fiscal year 2025-2026, with the appropriated funds to be spent by the Department of Agriculture specifically for irrigation system improvements. An important provision ensures that the appropriated funds will not lapse at the end of the fiscal biennium, with any unencumbered money set to lapse on June 30, 2028. The bill is designed to provide a sustainable funding mechanism to support the state's agricultural infrastructure, helping to ensure a steady and dependable water supply for crops. The legislation is set to take effect on July 1, 2050, giving ample time for planning and implementation of the irrigation system improvements.

Agriculture and Natural Resources, Budget and Finance

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1086&year=2025