Bill Text: HI SB2294 | 2014 | Regular Session | Amended
Bill Title: General Obligation Bonds; Appropriation; Irrigation Systems ($)
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Engrossed - Dead) 2014-04-25 - Conference committee meeting to reconvene on 04-25-14 2:45PM in conference room 224. [SB2294 Detail]
Download: Hawaii-2014-SB2294-Amended.html
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THE SENATE |
S.B. NO. |
2294 |
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TWENTY-SEVENTH LEGISLATURE, 2014 |
S.D. 2 |
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STATE OF HAWAII |
H.D. 1 |
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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. The legislature finds that reliable irrigation systems are 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 funding needed for improvements to irrigation systems and associated agricultural management facilities 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 same sum or so much thereof as may be necessary is appropriated for fiscal year for the purpose of making capital improvements to irrigation systems and associated agricultural management facilities in the State.
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, 2016, shall lapse as of that date.
SECTION 4. The sum appropriated in section 2 of this Act shall be expended by the department of agriculture for the purposes of this Act.
SECTION 5. This Act shall take effect on July 1, 2050.
Report Title:
General Obligation Bonds; Appropriation; Irrigation Systems
Description:
Authorizes the issuance of GO bonds and appropriates funds for capital improvements to irrigation systems and associated agricultural management facilities. (SB2294 HD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
