Chapter 163D — Chapter 163D

[PART I. GENERAL PROVISIONS] §163D-1 Findings and purpose. The legislature finds that the downsizing of the sugar and pineapple industries presented an unprecedented opportunity for the conversion of agriculture into a dynamic growth industry. Within the next decade, the State ca…

§163D-15.5 Waiahole water system revolving fund. (a) There is established within the state treasury a revolving fund to be known as the Waiahole water system revolving fund, which shall be administered by the corporation and into which shall be deposited all revenues from assessm…

§163D-15.6 Commitment and preservation of agricultural leases. (a) The agribusiness development corporation shall work toward obtaining commitments from landowners in the leeward and central districts of Oahu that their agricultural leases shall be for a duration of twenty or mor…

§163D-17 Hawaii agricultural development revolving fund; established; use of corporation funds. (a) There is established the Hawaii agricultural development revolving fund, to which shall be credited any state appropriations to the fund or other moneys made available to the fund,…

§163D-2 Definitions. As used in this chapter, unless the context clearly requires otherwise: "Agriculture" means the production for consumption within the State and exporting of plant and animal life on land and within ponds and other bodies of water for food, fiber, and raw mate…

§163D-3 Agribusiness development corporation; board of directors; established. (a) There is established the agribusiness development corporation, which shall be a public body corporate and politic and an instrumentality and agency of the State. The corporation shall be headed by …

§163D-4 Powers; generally. (a) Except as otherwise limited by this chapter, the corporation may: (b) The corporation shall:

§163D-5 Hawaii agribusiness plan. (a) The corporation shall prepare and post on its website the Hawaii agribusiness plan, which shall define and establish goals, objectives, policies, and priority guidelines for its agribusiness development strategy. The plan shall include but no…

§163D-6 Subsidiaries; establishment. (a) The corporation may exercise its powers through one or more subsidiary corporations. The corporation, by resolution, may direct any of its members, officers, or employees to organize a subsidiary corporation pursuant to either chapter 414 …

§163D-7 Agricultural projects; agricultural development plans. (a) The corporation may develop and implement agricultural projects where large tracts of agricultural land have been or will be taken out of productive agriculture or where, through detailed analysis, opportunities e…

§163D-8 Project facility program. (a) The corporation may develop a project to identify necessary project facilities within a project area. (b) Unless and except as otherwise provided by law, whenever the corporation undertakes, or causes to be undertaken, any project facility as…

§163D-8.5 REPEALED. L 2022, c 219, §7.

§163D-9 Bonds. (a) The corporation, with the approval of the governor, may issue, from time to time, revenue bonds in amounts not exceeding the total amount of bonds authorized to be issued by the legislature for the purpose of constructing, acquiring, remodeling, furnishing, and…