SB1247 authorizes bond issuance for purchasing agricultural land in north Kohala, Hawaii, to boost the local economy and food security.
SB1247 aims to revitalize Hawaii's agricultural sector by authorizing the issuance of general obligation bonds to the agricultural development corporation for purchasing a parcel of land in north Kohala. This investment seeks to address the region's historical lack of support and stimulate economic growth. The bill also establishes a full-time Hawaii island property manager position within the agribusiness development corporation to oversee the land's management and development.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.