Bill > HB912

This bill addresses the financial challenges of the Waiahole water system, a 26-mile-long irrigation infrastructure on Oahu constructed between 1912 and 1916 that currently diverts approximately 27 million gallons of water daily. The Agribusiness Development Corporation (ADC) acquired the system in 1998 to protect water resources and support diversified agriculture, but has been burdened by ongoing debt from the acquisition. The bill seeks to appropriate an unspecified amount of general state revenue to be deposited into the Waiahole water system revolving fund for fiscal years 2025-2026 and 2026-2027, with the funds intended to reimburse the state general fund for debt service on reimbursable general obligation bonds related to the water system. By providing this financial support, the bill aims to help the ADC manage its debt and continue maintaining and improving the water system's efficiency. The legislation is set to take effect on July 1, 3000 (which appears to be a placeholder date, likely meant to be 2024 or 2025).

Agriculture and Natural Resources

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=912&year=2026