Loading chat...
HI HB937
Bill
Status
1/24/2019
Primary Sponsor
Richard Creagan
Click for details
AI Summary
-
Amends Section 155-4, Hawaii Revised Statutes, to increase the chairperson's authority to approve agricultural and aquacultural loans by removing the $25,000 limit on state funds (specific new amount left blank in the bill).
-
Amends Section 219-5, Hawaii Revised Statutes, to increase the chairperson's loan approval authority by removing the $25,000 cap on loans where the requested amount plus any existing principal balance does not exceed the new threshold (amount not specified).
-
Applies to loans to qualified farmers and food manufacturers under the Department of Agriculture loan programs.
-
Takes effect on July 1, 2150.
Legislative Description
Relating To Department Of Agriculture Loans.
Department of Agriculture
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Okimoto voting aye with reservations; none voting no (0) and Representative(s) Aquino, DeCoite, Nakamura, Quinlan, Thielen excused (5).
2/15/2019