Bill Text: HI SB2362 | 2012 | Regular Session | Amended
Bill Title: Irrigation; General Obligation Bonds; Appropriation
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2012-03-08 - (H) Referred to AGR, FIN, referral sheet 41 [SB2362 Detail]
Download: Hawaii-2012-SB2362-Amended.html
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THE SENATE |
S.B. NO. |
2362 |
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TWENTY-SIXTH LEGISLATURE, 2012 |
S.D. 1 |
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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. The legislature finds that the Kau irrigation system is essential to agricultural operations in the Kau area on the island of Hawaii and that failing to maintain this irrigation system will have a significant detrimental impact on the area's community.
The legislature finds and declares that the appropriation of public moneys under this Act for the maintenance and improvement of Kau irrigation system is in the public interest and for the public health, safety, and general welfare of the State.
SECTION 3. 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 agricultural 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 4. 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 3 that are unencumbered as of June 30, 2014, shall lapse as of that date.
SECTION 5. The sum appropriated in section 3 of this Act shall be expended by the department of agriculture for the purposes of this Act.
SECTION 6. This Act shall take effect on July 1, 2012.
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. (SD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
