Bill > SB1656

This bill proposes to authorize the Department of Hawaiian Home Lands (DHHL) to develop a pumped storage hydroelectric facility in the Kohala Mountains on Hawaii Island, which is a renewable energy project that uses water reservoirs at different elevations to generate electricity. The bill requires DHHL to first conduct a comprehensive feasibility study evaluating projected costs, revenue potential, and environmental impacts, and submit a report to the Legislature by the 2028 legislative session. Additionally, DHHL must complete an environmental impact statement in consultation with the water resource management commission and submit annual progress reports to the Legislature. The bill allows the director of finance to issue general obligation bonds to fund the planning, design, and construction of the facility, with appropriated funds specifically designated for fiscal year 2025-2026. The project aims to create a renewable energy source that complements wind turbines, provides potable and irrigation water, potentially attracts native Hawaiians to the area, and supports Hawaii's comprehensive plans for water, agriculture, and renewable energy. The bill is set to take effect on July 1, 2050, with any unencumbered funds from the appropriation set to lapse on June 30, 2028.

Budget and Finance, Government Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1656&year=2025