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THE SENATE |
S.B. NO. |
2362 |
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TWENTY-SIXTH LEGISLATURE, 2012 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to irrigation.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. A reliable irrigation system is the lifeline of Hawaii's agricultural industry. To ensure that Hawaii's crops receive a steady and dependable supply of water, sufficient funding is needed to maintain and improve Hawaii's irrigation systems. Increasing weather tendencies of extended drought events highlight the need for timely repair and maintenance of these systems.
The purpose of this Act is to provide additional funding needed for improvements to irrigation systems throughout the State.
SECTION 2. (a) The director of finance is authorized to issue general obligation bonds in the sum of $ or so much thereof as may be necessary and the same sum or so much thereof as may be necessary is appropriated for fiscal year 2012-2013 for the purpose of making capital improvements to irrigation systems as follows:
(1) $1,000,000 for the Kunia Ag park irrigation system;
(2) $3,300,000 for the Kau irrigation system;
(3) $750,000 for the Molokai irrigation system;
(4) $550,000 for the Waianae irrigation system; and
(5) $150,000 for the Waimea irrigation system.
SECTION 3. The appropriation made for the capital improvement projects authorized by this Act shall not lapse at the end of the fiscal year for which the appropriation is made; provided that all moneys from the appropriation in section 2 that are unencumbered as of June 30, 2014, shall lapse as of that date.
SECTION 4. The sum appropriated in this Act shall be expended by the department of agriculture for the purposes of this Act.
SECTION 5. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Irrigation; General Obligation Bonds; Appropriation
Description:
Authorizes the director of finance to issue general obligation bonds to finance capital improvements to various irrigation systems.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.