HB 2724 Summary

• Establishes the Kona community development district on the island of Hawaii to redevelop underutilized public lands for recreational, residential, educational, industrial, governmental, and commercial purposes.

• Adds a new Part to Chapter 206E, Hawaii Revised Statutes defining the district boundaries by 34 specific tax map key numbers plus adjacent unassigned lands, and establishing development policies for archaeological/cultural preservation, endangered species protection, and coordination with county and state plans.

• Creates the Kona community development district special fund to receive all revenues, grants, donations, and legislative appropriations for district purposes.

• Amends the Hawaii Community Development Authority membership to include two representatives from Kona (one resident and one small business owner or nonprofit officer/director).

• Directs the Hawaii Community Development Authority and Department of Corrections and Rehabilitation to pursue federal grants and loans from the U.S. Department of Agriculture's Community Facilities Program to construct a correctional facility within the Kona district.