HOUSE OF REPRESENTATIVES	H.B. NO.	502
TWENTY-EIGHTH LEGISLATURE, 2015		H.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO IRRIGATION.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

     SECTION 1.  The legislature finds that 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.  The increasing number of extended drought events caused by climate change 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.  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 sum of $         or so much thereof as may be necessary is appropriated for fiscal year 2016-2017 for the purpose of making capital improvements to irrigation systems in the State.

     SECTION 3.  The sums appropriated in section 2 of this Act shall be expended by the department of agriculture for the purposes of this Act.

     SECTION 4.  This Act shall take effect on July 1, 2050.

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.  (HB502 HD1)

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.