SB 3034: DLNR; HAWAII COASTAL RESILIENCE ACQUISITION AND LEASEBACK PROGRAM; REVOLVING FUND; PUBLIC SAFETY; VULNERABLE COASTAL PROPERTY; LIABILITY; CONDITIONS; RULES
- Session Year: 2025-2026
- House: Senate
Current Status:
In Progress
(2026-01-26: Passed First Reading.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Version:
Requires the Department of Land and Natural Resources, by 7/1/2028, to establish the Hawaii Coastal Resilience Acquisition and Leaseback Program. Establishes the Coastal Resilience Revolving Fund. Clarifies the calculation of acquisition price for coastal properties, the conditions of leasebacks, and the limitation to liability assumed by the Department of Land and Natural Resources under the Hawaii Coastal Resilience Acquisition and Leaseback Program.