HI HB119

Amends Act 43, Session Laws of Hawaii 2019 to replace "E Ola Mau Na Leo O Kekaha" with "Kaunalewa" as the entity authorized to receive special purpose revenue bonds.

Authorizes the Department of Budget and Finance to issue special purpose revenue bonds not to exceed $10,000,000 to assist Kaunalewa, a Hawaii domestic 501(c)(3) entity, in acquiring, remediating, and developing the old Kekaha Sugar Mill in Kekaha, Kauai.

Updates the project description from "smart farming enterprise, community sunshine market, community greenhouse, and community manufacturing and incubator facility" to "supply chain facilities community marketplace, workforce development programs, and a hub for product creation and incubation."

Finds that the project addresses community and island-wide issues related to preservation of a historic cultural site, agricultural endeavors, and economic development on Kauai's west side following the closure of the Kekaha Sugar Mill.

Takes effect upon approval.