HI HB1976

Authorizes the director of finance to issue general obligation bonds for capital improvements to the Waiahole irrigation system, which services agricultural producers in central Oahu covering approximately 5,866 acres of prime agricultural land.

Appropriates funds for fiscal year 2018-2019 to the department of agriculture for the purposes of making capital improvements to the Waiahole irrigation system (specific dollar amount not specified in the bill text).

Planned capital improvements include building additional water storage capacity and a backup well system to ensure water security and improve system efficiency in central Oahu farming operations.

Appropriated funds shall not lapse at the end of the fiscal biennium; however, all unencumbered moneys as of June 30, 2020, shall lapse as of that date.

Takes effect upon approval.