SB761

Authorizes the issuance of bonds to purchase agricultural land in North Kohala, Hawaii.

The bill authorizes the issuance of general obligation bonds to finance the purchase of specific land parcels in North Kohala, Hawaii, for agricultural development. The bonds, totaling $2,600,000, will be used to acquire parcels identified by tax map keys. The appropriation for this project will not lapse at the end of the fiscal biennium. The purpose is to support sustainable agricultural practices, create job opportunities, and increase food self-sufficiency in the region. The agricultural development corporation will manage the purchase and development of these lands.