Appropriates funds to the stadium development special fund for the new aloha stadium entertainment district.

The bill appropriates $49,500,000 from the stadium development special fund for fiscal year 2025-2026 to support the new aloha stadium entertainment district. This fund will cover expenses related to the development, operation, and maintenance of the new stadium, including food and beverage services, parking, and marketing. The bill also mandates that any unexpended funds not used for the project must lapse to the general fund if the project is terminated. The legislature emphasizes the importance of this project as a model for public-private partnerships in Hawaii.

Appropriates funds to the stadium development special fund for the new aloha stadium entertainment district.

The bill appropriates $49,500,000 from the stadium development special fund for fiscal year 2025-2026 to support the new aloha stadium entertainment district. This fund will cover expenses related to the development, operation, and maintenance of the new stadium, including food and beverage services, parking, and marketing. The bill also mandates that any unexpended funds not used for the project must lapse to the general fund if the project is terminated. The legislature emphasizes the importance of this project as a model for public-private partnerships in Hawaii.