HI HB175

Allocates $10,000,000 from public land trust revenues to the Department of Hawaiian Home Lands (DHHL) for farm and home ownership development on a widespread basis.

Requires multiple state departments and agencies that collect revenue from public land trust lands to transfer $2,500,000 in aggregate to DHHL within 30 days of each fiscal quarter closing.

Defines "revenue" to include proceeds from sales, leases, licenses, permits, and uses of public land trust lands, while explicitly excluding taxes, regulatory fees, educational institution fees, and federal moneys.

Clarifies that the $10,000,000 allocation shall not be deducted from revenues distributed to the Office of Hawaiian Affairs under state law.

Effective July 1, 2013.