HI HB1367

Authorizes the director of finance to issue general obligation bonds for an unspecified amount to fund a capital improvement project for the Honolulu Board of Water Supply.

Appropriates funds for fiscal year 2025-2026 to plan, design, and construct up to six groundwater aquifer monitoring wells near the Red Hill bulk fuel storage facility on Oahu.

Establishes that the appropriation shall not lapse at the end of the fiscal biennium, but any unencumbered moneys shall lapse as of June 30, 2028.

Addresses contamination risks from the Red Hill facility, an underground Navy fuel storage system constructed in the 1940s that sits approximately 100 feet above Oahu's sole-source groundwater aquifer and has experienced multiple fuel and chemical releases totaling an estimated 644,000 to 1,940,000 gallons.

Contains a technical error with an effective date of July 1, 3000, which appears to be a drafting mistake.