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HI SB1562

HI SB1562
Relating To Agriculture.


summary

Introduced
01/23/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Establishes the Combined Housing Operational Agriculture Mobilization Program to assist bona fide farmers to live and farm on agricultural lands. For taxable years beginning 1/1/2026, establishes a tax credit for land donated to the Program. Appropriates funds. Effective 7/1/2050. (SD1)

AI Summary

This bill establishes the Combined Housing Operational Agriculture Mobilization Program (CHOAM) to address the challenges of agricultural land affordability and housing access in Hawaii. The program will be administered by the Department of Agriculture and will provide long-term, renewable ground leases of up to 99 years to bona fide farmers, allowing them to live and farm on agricultural lands. Key provisions include acquiring and managing agricultural lands, promoting sustainable farming practices, supporting agricultural infrastructure development, and ensuring perpetual affordability through resale restrictions. The bill creates an 11-member advisory committee to provide guidance, establishes eligibility criteria for participants (who must actively engage in farming as their primary occupation), and mandates annual inspections to ensure compliance. Additionally, the bill introduces a tax credit for land donations to the program, with the credit amount based on the land's productivity rating and existing agricultural infrastructure. The tax credit can be claimed against income tax liability and can be carried forward for up to five years if it exceeds the taxpayer's current tax liability. The program aims to empower new and young farmers, strengthen local economies, and preserve Hawaii's agricultural heritage by lowering financial barriers and creating sustainable agricultural opportunities.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (1)

Last Action

Carried over to 2026 Regular Session. (on 12/08/2025)

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