S.B. 1542 Summary

• Appropriates general obligation bond funds to the Department of Land and Natural Resources for the Board of Water Supply to design and construct one exploratory well for the proposed Kunia Wells IV pump station on Oahu.

• Funds are intended to offset design and construction costs and support future potable water supply for growth, including diversified agriculture.

• Board of Water Supply agreed to pass benefits from the funded well to offset impact fees for new farmers, supporting the local agricultural industry.

• Appropriation for fiscal year 2019-2020 does not lapse at end of biennium; any unencumbered funds lapse as of June 30, 2022.

• Act takes effect December 31, 2050.