Establishes a framework for approving and operating conservation banks in Hawaii to protect threatened and endangered species.

This bill authorizes the operation of conservation banks in Hawaii, which are sites established to restore, create, enhance, or protect populations of threatened, endangered, candidate, or proposed species and their habitats. The Department of Land and Natural Resources can approve conservation banks operated by public or private entities, provided they meet specific criteria. The bill outlines the requirements for establishing a conservation bank, including the creation of a conservation bank instrument, which is an agreement detailing the terms and conditions of the bank's operation.

Establishes a framework for approving and operating conservation banks in Hawaii to protect threatened and endangered species.

This bill authorizes the operation of conservation banks in Hawaii, which are sites established to restore, create, enhance, or protect populations of threatened, endangered, candidate, or proposed species and their habitats. The Department of Land and Natural Resources can approve conservation banks operated by public or private entities, provided they meet specific criteria. The bill outlines the requirements for establishing a conservation bank, including the creation of a conservation bank instrument, which is an agreement detailing the terms and conditions of the bank's operation.