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SB1547 • 2026

RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ALOUN KAUAI FARMING, AN AGRICULTURAL ENTERPRISE, IN THE FINANCE, OPERATION, AND MAINTENANCE OF A PROJECT TO REVITALIZE THE DAIRY INDUSTRY.

RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ALOUN KAUAI FARMING, AN AGRICULTURAL ENTERPRISE, IN THE FINANCE, OPERATION, AND MAINTENANCE OF A PROJECT TO REVITALIZE THE DAIRY INDUSTRY.

Agriculture Budget Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
GABBARD
Last action
2026-04-02
Official status
Received notice of the discharge of all House Conferees (Hse. Com. No. 457).
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ALOUN KAUAI FARMING, AN AGRICULTURAL ENTERPRISE, IN THE FINANCE, OPERATION, AND MAINTENANCE OF A PROJECT TO REVITALIZE THE DAIRY INDUSTRY.

RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ALOUN KAUAI FARMING, AN AGRICULTURAL ENTERPRISE, IN THE FINANCE, OPERATION, AND MAINTENANCE OF A PROJECT TO REVITALIZE THE DAIRY INDUSTRY.

What This Bill Does

  • RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ALOUN KAUAI FARMING, AN AGRICULTURAL ENTERPRISE, IN THE FINANCE, OPERATION, AND MAINTENANCE OF A PROJECT TO REVITALIZE THE DAIRY INDUSTRY.
  • BUF; SPRB; Aloun Kauai Farming; Agricultural Enterprises; Integrated Dairy ($) Authorizes the Department of Budget and Finance to issue special purpose revenue bonds to assist Aloun Kauai Farming LLC, in the planning, design, construction, and maintenance of an integrated dairy.
  • Effective 7/1/3000.
  • (HD1)

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HD1

1

Hawaii published version HD1

Plain English: SB1547 HD1 THE SENATE S.B.

  • SB1547 HD1 THE SENATE S.B.
  • NO.
  • 1547 THIRTY-THIRD LEGISLATURE, 2025 S.D.
  • 1 STATE OF HAWAII H.D.
SD1

3

Hawaii published version SD1

Plain English: SB1547 SD1 THE SENATE S.B.

  • SB1547 SD1 THE SENATE S.B.
  • NO.
  • 1547 THIRTY-THIRD LEGISLATURE, 2025 S.D.
  • 1 STATE OF HAWAII A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ALOUN KAUAI FARMING, AN AGRICULTURAL ENTERPRISE, IN THE FINANCE, OPERATION, AND MAINTENANCE OF A PROJECT TO REVITALIZE THE DAIRY INDUSTRY .

Bill History

  1. 2026-04-02 S

    Received notice of the discharge of all House Conferees (Hse. Com. No. 457).

  2. 2026-04-01 H

    House Conferee(s) discharged.

  3. 2026-03-20 H

    Received notice of all Senate conferees being discharged (Sen. Com. No. 409).

  4. 2026-03-20 S

    Senate Conferee(s) discharged.

  5. 2025-12-08 D

    Carried over to 2026 Regular Session.

  6. 2025-04-25 H

    Conference Committee Meeting will reconvene on Friday, 04-25-25 2:40 PM; Conference Room 411.

  7. 2025-04-25 H

    Conference Committee Meeting will reconvene on Friday, 04-25-25 at 10:50AM in Conference Room 325.

  8. 2025-04-24 S

    Conference committee meeting to reconvene on 04-25-25 9:40AM; Conference Room 325.

  9. 2025-04-23 S

    Conference committee meeting to reconvene on 04-24-25 9:30AM; Conference Room 325.

  10. 2025-04-22 S

    Conference committee meeting to reconvene on 04-23-25 9:31AM; Conference Room 325.

  11. 2025-04-21 S

    Received notice of appointment of House conferees (Hse. Com. No. 754).

  12. 2025-04-17 S

    Conference committee meeting scheduled for 04-22-25 9:30AM; Conference Room 325.

  13. 2025-04-17 H

    House Conferees Appointed: Kahaloa, Morikawa Co-Chairs; Kusch, Quinlan, Matsumoto.

  14. 2025-04-15 H

    Received notice of Senate conferees (Sen. Com. No. 789).

  15. 2025-04-15 S

    Senate Conferees Appointed: Gabbard Chair; DeCoite Co-Chair; Richards, Awa.

  16. 2025-04-04 H

    Received notice of disagreement (Sen. Com. No. 590).

  17. 2025-04-04 S

    Senate disagrees with House amendments.

  18. 2025-04-04 S

    Received from House (Hse. Com. No. 498).

  19. 2025-04-03 H

    Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate.

  20. 2025-04-03 H

    Reported from FIN (Stand. Com. Rep. No. 1898), recommending passage on Third Reading.

  21. 2025-03-28 H

    The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Hussey, Ward.

  22. 2025-03-25 H

    Bill scheduled to be heard by FIN on Friday, 03-28-25 3:30PM in House conference room 308 VIA VIDEOCONFERENCE.

  23. 2025-03-17 H

    Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Lowen, Reyes Oda, Ward excused (4).

  24. 2025-03-17 H

    Reported from AGR (Stand. Com. Rep. No. 1282) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  25. 2025-03-12 H

    The committee on AGR recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 4 Ayes: Representative(s) Kahaloa, Kusch, Lowen, Perruso; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Quinlan, Ward.

  26. 2025-03-07 H

    Bill scheduled for decision making on Wednesday, 03-12-25 10:00AM in conference room 325 VIA VIDEOCONFERENCE.

  27. 2025-03-07 H

    The committee(s) on AGR recommend(s) that the measure be deferred until 03-12-25.

  28. 2025-03-05 H

    Bill scheduled to be heard by AGR on Friday, 03-07-25 10:30AM in House conference room 325 VIA VIDEOCONFERENCE.

  29. 2025-03-04 H

    Referred to AGR, FIN, referral sheet 18

  30. 2025-03-04 H

    Pass First Reading

  31. 2025-02-28 H

    Received from Senate (Sen. Com. No. 59) in amended form (SD 1).

  32. 2025-02-28 S

    Report Adopted; Passed Third Reading. Ayes, 23; Aye(s) with reservations: none. Noes, 0 (none). Excused, 2 (Senator(s) Fukunaga, Kidani). Transmitted to House.

  33. 2025-02-27 S

    One Day Notice 02-28-25.

  34. 2025-02-27 S

    Reported from WAM (Stand. Com. Rep. No. 788) with recommendation of passage on Third Reading.

  35. 2025-02-18 S

    The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite.

  36. 2025-02-14 S

    The committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference.

  37. 2025-02-13 S

    Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

  38. 2025-02-13 S

    Reported from AEN (Stand. Com. Rep. No. 460) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  39. 2025-02-10 S

    The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in AEN were as follows: 5 Aye(s): Senator(s) Gabbard, Richards, DeCoite, Rhoads, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

  40. 2025-02-07 S

    The committee(s) on AEN has scheduled a public hearing on 02-10-25 1:01PM; Conference Room 224 & Videoconference.

  41. 2025-01-27 S

    Referred to AEN, WAM.

  42. 2025-01-23 S

    Introduced and passed First Reading.

  43. 2025-01-22 S

    Pending Introduction.

Official Summary Text

RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST ALOUN KAUAI FARMING, AN AGRICULTURAL ENTERPRISE, IN THE FINANCE, OPERATION, AND MAINTENANCE OF A PROJECT TO REVITALIZE THE DAIRY INDUSTRY.
BUF; SPRB; Aloun Kauai Farming; Agricultural Enterprises; Integrated Dairy ($)
Authorizes the Department of Budget and Finance to issue special purpose revenue bonds to assist Aloun Kauai Farming LLC, in the planning, design, construction, and maintenance of an integrated dairy. Effective 7/1/3000. (HD1)

Current Bill Text

Read the full stored bill text 
SB1547

THE SENATE

S.B. NO.

1547

THIRTY-THIRD LEGISLATURE, 2025

STATE OF HAWAII

A BILL FOR AN ACT

Relating
to Special Purpose Revenue Bonds to Assist Aloun Kauai Farming, an Agricultural
Enterprise, in the Finance, Operation, and Maintenance of a Project to
Revitalize the Dairy Industry
.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

����
SECTION 1.
�
The
legislature finds and declares that the issuance of special purpose revenue
bonds under this Act is in the public interest and for the public health,
safety, and general welfare.

����
SECTION 2.
�

Pursuant to part X, chapter 39A, Hawaii Revised Statutes, the department
of budget and finance, with the approval of the governor, is authorized to
issue special purpose revenue bonds in a total amount not to exceed $
���������
, in one or more series, for the
purpose of assisting Aloun Kauai Farming, a Hawaii corporation, for the
planning, design, construction, and maintenance of an integrated dairy industry.
�
The legislature hereby finds and determines
that Aloun Kauai Farming constitutes a project as defined in part X, chapter
39A, Hawaii Revised Statutes, and the financing thereof is assistance to agricultural
enterprise.

����
SECTION 3.
�

The special purpose revenue bonds and the refunding special purpose
revenue bonds issued under this Act shall be issued pursuant to part X, chapter
39A, Hawaii Revised Statutes, relating to the power to issue special purpose
revenue bonds to assist agricultural enterprises.

����
SECTION 4.
�

The department of budget and finance is authorized, from time to time,
including times subsequent to June 30, 2030, to issue special purpose revenue
bonds in whatever principal amounts the department shall determine to be
necessary to refund the special purpose revenue bonds authorized in section 2
and to refund special purpose revenue bonds authorized in this section,
regardless of whether the outstanding special purpose revenue bonds or
refunding special purpose revenue bonds have matured or are the subject of
redemption or whether the refunding special purpose revenue bonds shall be
bonds for the multi-project programs described in section 2.
�
In making this determination, the department
shall comply with federal law relating to the exemption from federal income
taxation of the interest on bonds of the nature authorized by this section.

����
SECTION 5.
�

The authorization to issue special purpose revenue bonds under this Act
shall lapse on June 30, 2030.

����
SECTION 6.
�

This Act shall take effect on July 1, 2025.

INTRODUCED BY:

_____________________________

Report Title:

Special
Purpose Revenue Bonds; BUF; Aloun Kauai Farming; Agricultural Enterprises; Integrated
Dairy Industry

Description:

Authorizes
the Department of Budget and Finance to issue special purpose revenue bonds to
assist Aloun Kauai Farming in the planning, design, construction, and
maintenance of an integrated dairy industry.

The summary description
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not legislation or evidence of legislative intent.