HI HB649

Establishes the Small Boat Harbor Commercial Vessel Special Fund, administered by the Department of Land and Natural Resources, to fund improvements that primarily benefit commercial vessels using state small boat harbors

Increases moorage fees for commercial vessels by changing the percentage of gross revenues charged (specific percentage left blank in bill), with a portion of these revenues deposited into the new special fund

Maintains alternative fee calculations for commercial vessels: $1.50 per passenger carried for hire, or two times the recreational vessel moorage rate, whichever is greater

Authorizes general obligation bonds for capital improvement projects at five small boat harbors: Ala Wai (pier repairs), Haleiwa (floating dock replacement), Honokohau (parking lot paving), Maalaea (dredging), and Port Allen (pier stabilization) - funding amounts left blank

Appropriated funds will not lapse until June 30, 2028; effective date set as July 1, 3000 (placeholder date)