HI SB2951

Requires the Department of Land and Natural Resources to provide fair compensation to lessees when leased public agricultural or pasture land is withdrawn or taken for public purposes, preventing use as originally intended.

Mandates proportional rent reduction based on the value of land withdrawn or made unusable, plus compensation for destroyed permanent improvements based on the unexpired lease term.

Requires payment to lessees for unharvested crops, residual value of tree-crops taken, and the difference between appraised breeding value and salvage value for breeding livestock that cannot be relocated.

Establishes reimbursement for costs attributable to diminished land use, including insurance and property taxes required by the Department on land subject to post-lease easements that prevent original intended use.

Applies retroactively to address financial losses suffered by ranchers during the Saddle Road realignment project in Hawaii County, where approximately 6,000 acres of leased pasture land were restricted by conservation easements.