SB1155

Hawaii SB1155 establishes a tax on petroleum products and fossil fuels to fund agricultural development and food security initiatives.

Hawaii SB1155 introduces a state environmental response, energy, and food security tax on petroleum products and fossil fuels. The tax revenue will be deposited into the agricultural development and food security special fund. This fund will support activities such as awarding grants to farmers, acquiring real property, improving infrastructure, conducting research, and promoting agricultural products. The Department of Agriculture must submit a report to the legislature detailing the fund's spending plan, expenditures, targeted markets, and measurable outcomes.