HI HB2433

Creates a livestock feed feasibility pilot project to be conducted on Department of Agriculture land to assess the viability of growing and processing livestock feed within Hawaii.

Directs the Department of Agriculture to submit a report to the legislature by December 31, 2014 addressing infrastructure requirements, plant types, costs, revenue projections, suitable land parcels, market demand, and recommendations on whether to continue, expand, or end the pilot project.

Appropriates $1,500,000 from the agricultural development and food security special fund for fiscal year 2012-2013 to implement the livestock feed feasibility pilot project.

Addresses Hawaii's food security concerns, noting that livestock feed costs constitute up to 70% of production costs in Hawaii compared to 50% on the mainland, and that several dairies and egg farms have closed since 2007 due to rising feed costs.

Takes effect on July 1, 2050.