Bill > SB1247

This bill aims to support agricultural development in Hawaii, specifically in the north Kohala district of Hawaii island, by authorizing the issuance of $1,000,000 in general obligation bonds to the Agricultural Development Corporation (ADC) for purchasing a specific agricultural parcel with the tax map key (3) 5-3-7:16. The legislation also establishes a new full-time equivalent (FTE) Hawaii Island Property Manager position within the ADC, funded with $200,000 over two fiscal years. The bill's rationale is rooted in addressing Hawaii's challenges with food security and agricultural production by investing in an underserved region with fertile land and natural resources. By enabling the ADC to purchase and manage this land, the bill seeks to stimulate economic growth, create employment opportunities, and support sustainable agricultural practices including farming, livestock, and agroforestry. The appropriated funds will not lapse until June 30, 2028, and the bill is set to take effect on July 1, 2025, providing a structured approach to revitalizing the state's agricultural sector and enhancing food self-sufficiency.

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https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1247&year=2026