Hawaii SB2309 aims to boost agricultural loan access by selling loan portfolio portions and increasing the revolving fund.
Hawaii SB2309 seeks to address the high demand for agricultural loans following the enactment of Act 69 by allowing the agricultural loan division to sell parts of its loan portfolio to third parties. The proceeds from these sales will be reinvested into the agricultural loan revolving fund, expanding its capacity. This measure aims to support local food production and meet the financing needs of Hawaii's farmers and agricultural enterprises.
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