Hawaii HB912 appropriates funds to the Agribusiness Development Corporation to offset debt service reimbursement for the Waiahole water system.
Hawaii HB912 provides appropriations to the Agribusiness Development Corporation to cover the financial burden of debt service reimbursement for the Waiahole water system. This system, constructed between 1912 and 1916, serves local farmers by providing irrigation water from the windward side of Oahu. The bill allocates funds from the State's general revenues for fiscal years 2025-2026 and 2026-2027 to be deposited into the Waiahole water system revolving fund and for reimbursing the state general fund of debt service on reimbursable general obligation bonds.
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- Legal Framework
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