RELATING TO AGRICULTURAL DEVELOPMENT.
Summary
Authorizes the issuance of general obligation bonds to the Agribusiness Development Corporation for the purchase of a land parcel in Kau for agricultural development. Effective 7/1/2050. (SD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2025
Last action Feb 12, 2025
Maddy AI version diff · 1 comparison
What changed between versions
SB1003
→
SB1003_SD1
·
4 edits
MODERATE
The bill was amended to change the effective date from July 1, 2025 to July 1, 2050, and to specify that the land being purchased is from the Ellis Jacob Hester Trust. The amendment also removed the specific bond amount of $2,931,960, leaving it blank for future determination. These changes delay when the law takes effect and make the funding amount flexible rather than fixed.
Scope change
The bill's scope remains focused on authorizing bond issuance for agricultural land acquisition in Ka'u, but the timeline for implementation has been significantly extended and the funding amount is now unspecified.
TIMELINE
The effective date was changed from July 1, 2025 to July 1, 2050, which delays when the law becomes active by 25 years.
MODIFIED
The specific bond amount of $2,931,960 was removed and left blank, making the funding amount flexible rather than fixed.
ELIGIBILITY
The bill now specifies that the land being purchased is from the Ellis Jacob Hester Trust, its fee owner.
TECHNICAL
Some formatting and metadata were updated, including document version information and template revisions.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
4
Feb 12, 2025
Senate · Referred to committee
Reported from EDT (Stand. Com. Rep. No. 393) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Jan 30, 2025
Senate · Reported by committee
The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 3 Aye(s): Senator(s) DeCoite, Wakai, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Fukunaga, Awa.
Jan 27, 2025
Senate · Reported by committee
The committee(s) on EDT has scheduled a public hearing on 01-30-25 1:00PM; Conference Room 229 & Videoconference.
Jan 23, 2025
Senate · Referred to committee
Referred to EDT, WAM.
Jan 17, 2025
Senate · Introduced
Introduced.
2 primary · 0 co-sponsors
Sponsors
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