HI HB586

Declares dams and reservoirs as important water resources providing potable drinking water, renewable hydropower energy, flood control, and irrigation water for Hawaii's agricultural industry.

Requires the Board of Land and Natural Resources to consider the need to consistently maintain and operate dams and reservoirs in a feasible manner that sustains their roles as important water resources.

Changes dam and reservoir safety inspection fees from covering all board costs to covering only a portion of the board's costs.

Directs the Board to consider establishing a lower hazard potential classification for dams or reservoirs with operations systems that enable direct control of water inflow.

Requires the Department of Land and Natural Resources to include in its annual report initiatives implemented to ensure dams and reservoirs are retained and operated in a feasible manner to sustain their role as important water resources.