HB 1421 Summary

• Establishes a cesspool conversion loan special fund to be administered by the Hawaii Green Infrastructure Authority to provide low-interest loans to eligible low- and moderate-income homeowners for upgrading, converting, or connecting cesspools to approved wastewater systems or sewerage systems

• Enables loan repayments to be collected through an on-bill financing mechanism included on county water bills, with collections transmitted to the authority

• Authorizes the Department of Health to transfer annual funding from section 342D-83 to capitalize the program through a memorandum of agreement

• Appropriates unspecified amounts from general revenues for fiscal years 2025-2026 and 2026-2027 to fund program implementation, including county billing system reprogramming, staff hiring, and financial assistance to eligible borrowers, with a maximum of $100,000,000 per county per fiscal year requiring a 3-to-1 county match

• Takes effect July 1, 3000