Informing the Legislature that on July 8, 2026, the Governor signed the following bill into law: HB1802 HD1 SD1 CD1 (ACT 208).

This bill officially establishes a legal framework for conservation banks in Hawaii, which are designated sites used to restore or protect habitats for threatened and endangered species. The law authorizes public and private entities to operate these banks to provide long-term environmental protection and requires the Endangered Species Recovery Committee to oversee their applications and performance. By defining specific terms like "credits" and outlining rules for maintaining these sites, the legislation aims to make environmental mitigation projects more predictable and efficient for developers who need to offset impacts to wildlife.