HI HB1292

Amends Hawaii Revised Statutes Section 173A-13 to authorize the Board of Land and Natural Resources to expend $1,500,000 annually from the land conservation fund for debt service payments on Turtle Bay reimbursable general obligation bonds until the bonds are fully amortized.

Eliminates the previous requirement for nonprofit land conservation organizations to file annual applications and removes the prohibition on requiring matching funds from grant recipients.

Directs that moneys expended for Turtle Bay bond debt service be deposited into the Turtle Bay conservation easement special fund.

Takes effect upon approval and does not affect rights, duties, or proceedings that began before the effective date.