Bill Text: HI SB329 | 2016 | Regular Session | Introduced
Bill Title: Agribusiness Development Corporation; General Obligation Bonds; Acquisition of Agricultural Lands ($)
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-01-21 - Re-Referred to WLA, WAM. [SB329 Detail]
Download: Hawaii-2016-SB329-Introduced.html
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THE SENATE |
S.B. NO. |
329 |
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TWENTY-EIGHTH LEGISLATURE, 2015 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to agriculture.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. 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 2015-2016 for the acquisition of agricultural lands in Waialua, Oahu.
SECTION 2. The appropriation made for the acquisition of agricultural lands in Waialua, Oahu, authorized by this Act shall not lapse at the end of the fiscal biennium for which the appropriation is made; provided that all moneys from the appropriation unencumbered as of June 30, 2018, shall lapse as of that date.
SECTION 3. The sum appropriated shall be expended by the agribusiness development corporation for the purposes of this Act.
SECTION 4. This Act shall take effect on July 1, 2015.
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INTRODUCED BY: |
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Report Title:
Agribusiness Development Corporation; General Obligation Bonds; Acquisition of Agricultural Lands
Description:
Authorizes the director of finance to issue general obligation bonds to fund the acquisition of agricultural lands in Waialua, Oahu.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
