HI HB812

Amends Hawaii Revised Statutes Chapter 103D by adding a new section authorizing contracts for local produce purchases valued over $25,000 to have terms of at least five years.

Requires contracts to include a price adjustment clause that allows for increases or decreases in value during the contract term.

Defines "local produce" to include fruits, vegetables, nuts, coffee, eggs, poultry and poultry products, livestock and livestock products, milk and milk products, aquacultural and maricultural products, and horticultural products that are 100 percent grown, raised, and harvested in Hawaii.

Does not affect rights, duties, penalties, or proceedings that occurred before the effective date.

Effective date: July 1, 3000.