HI SB1290

Increases the State's liability cap from $50,000,000 to $100,000,000 for moneys borrowed by the Department of Hawaiian Home Lands or loans guaranteed by the department to lessee-beneficiaries.

Amends Section 214(b)(5) of the Hawaiian Homes Commission Act, 1920 to reflect the increased liability limit for departmental guarantees of loans made to lessees and government agency borrowings.

Makes minor grammatical and clarifying edits throughout Section 214(b), including replacing obsolete pronoun references with contemporary language.

Includes a severability clause stating that if any provision requires United States consent to take effect, that portion shall take effect only upon such consent.

Takes effect on July 1, 2011.