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HI HB685

Bill

Status

Introduced

1/21/2025

Primary Sponsor

Jeanne Kapela

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Authorizes the issuance of general obligation bonds for the Agribusiness Development Corporation to purchase agricultural land in Kau, identified as tax map key (3) 9-6-5:63, owned by the Ellis Jacob Hester Trust.

  • Appropriates funds for fiscal year 2025-2026 to finance the land purchase, with the specific dollar amount left blank in the bill text.

  • Directs the Agribusiness Development Corporation to use appropriated funds for the land acquisition purpose.

  • Allows the appropriation to carry forward beyond the fiscal biennium, with any unencumbered funds lapsing on June 30, 2028.

  • Effective date set for July 1, 3000 (appears to contain a clerical error).

Legislative Description

Relating To Agricultural Development.

Appropriation ($)

Last Action

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Cochran, Matayoshi, Poepoe, Ward excused (4).

2/14/2025

Committee Referrals

Finance2/14/2025
Agriculture2/5/2025
Labor & Public Employment1/21/2025

Full Bill Text

No bill text available