HI HB2274

Appropriates funds from general revenues to the agricultural loan revolving fund (created under Hawaii Revised Statutes section 155-14) for fiscal year 2016-2017, with the specific dollar amount left blank in the bill text.

Directs the Department of Agriculture to expend appropriated funds for purposes of supporting the agricultural loan revolving fund.

Addresses Hawaii's food security concerns by noting the state's geographic isolation, heavy dependence on food imports, and need to double local food production by 2030 per the Aloha+ Challenge resolution.

Justifies increased funding based on recent state land acquisitions (including the Galbraith lands) that will enable additional farming operations and support for new and expanding farmers.

Takes effect upon approval on July 1, 2016.