RELATING TO AGRICULTURAL DEVELOPMENT.

2025 Regular Session Introduced by Dru Kanuha and 1 co-sponsor

SB 1003 boosts agricultural development in Kau by allocating funds and issuing bonds, enhancing infrastructure, promoting sustainability, and improving food security.

Reported from EDT (Stand. Com. Rep. No. 393) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

#adc #appropriation($) #gobonds #kau

Bill Overview

Bill Number: SB 1003
Introduced On: January 17, 2025
Current Status: Reported from the Economic Development and Technology (EDT) Committee with recommendations for passage on Second Reading, as amended (SD 1), and referred to the Ways and Means (WAM) Committee.
Classification: Legislative Bill
Subject Areas: Agricultural Development, Appropriations, General Obligation Bonds, Kau

Purpose and Intent

The primary purpose of SB 1003 is to enhance agricultural development within the state. The bill aims to provide financial support through appropriations and the issuance of general obligation bonds, facilitating investments in agricultural infrastructure and resources. This initiative is designed to bolster the agricultural sector, promote sustainability, and improve food security in the region.

Key Provisions

Appropriation of Funds: The bill proposes the allocation of state funds to support various agricultural development projects. Specific dollar amounts will be determined during the appropriations process.

General Obligation Bonds: SB 1003 authorizes the issuance of general obligation bonds to finance agricultural initiatives. This funding mechanism is intended to provide long-term financial resources for significant agricultural projects.

Focus on Kau: The bill specifically mentions the Kau region, indicating targeted efforts to enhance agricultural practices and infrastructure in this area.

Impact

Agricultural Sector: Farmers, agricultural businesses, and related stakeholders in Kau and potentially across the state will benefit from the financial resources made available through this bill.

Economic Development: By investing in agricultural development, the bill aims to stimulate economic growth, create jobs, and enhance the overall viability of the agricultural industry in Hawaii.

Food Security: The initiatives supported by this bill are expected to contribute to improved food security by promoting local agricultural production.

Legislative Timeline

January 17, 2025: Bill introduced.

January 21, 2025: Passed First Reading.

January 23, 2025: Referred to EDT and WAM committees.

January 27, 2025: Public hearing scheduled for January 30, 2025.

January 30, 2025: EDT committee recommended the bill be passed with amendments (3 Ayes, 0 Noes).

February 12, 2025: Report adopted; passed Second Reading as amended (SD 1) and referred to WAM.

Related Legislation

HB 685: This bill serves as a companion measure to SB 1003, indicating parallel legislative efforts to address agricultural development.

In summary, SB 1003 represents a significant legislative effort to enhance agricultural development through targeted funding and resources, with a specific focus on the Kau region. The bill's progression through the legislative process reflects a commitment to supporting the agricultural sector and promoting sustainable practices in Hawaii.

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