Hawaii SB2013 reduces annual reimbursement for Turtle Bay conservation bonds from the land conservation fund.

Hawaii SB2013 aims to ensure adequate future funding for the land conservation fund and the legacy land conservation program by reducing the annual reimbursement for Turtle Bay conservation bonds. The bill reduces the annual transfer from the land conservation fund to the Turtle Bay conservation easement special fund by approximately fifty percent, from $1,500,000 to $751,891. This change is intended to increase available funding for competitive grant awards for land acquisition, ensuring greater protection of lands and resource value. The bill takes effect on July 1, 2026.

Hawaii SB2013 reduces annual reimbursement for Turtle Bay conservation bonds from the land conservation fund.

Hawaii SB2013 aims to ensure adequate future funding for the land conservation fund and the legacy land conservation program by reducing the annual reimbursement for Turtle Bay conservation bonds. The bill reduces the annual transfer from the land conservation fund to the Turtle Bay conservation easement special fund by approximately fifty percent, from $1,500,000 to $751,891. This change is intended to increase available funding for competitive grant awards for land acquisition, ensuring greater protection of lands and resource value. The bill takes effect on July 1, 2026.