HRS §155-32
Creating a state loan program for water infrastructure
This section creates a Hawaii water infrastructure loan program run by the department. The program can make loans to private companies, water utilities, and utility customers. The department decides the loan terms. The program follows state rules for loan programs.
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The statute, as written — Hawaii water infrastructure loan program
There is established a Hawaii water infrastructure loan program, which shall be a loan program as defined under section 39-51. The program shall be administered by the department in a manner consistent with chapter 39, part III. This loan program may include: (1) Loans made, on terms approved by the department, to: (A) Private entities, whether corporations, partnerships, limited liability companies, or other persons, which entities may lease or provide water infrastructure equipment to utility customers; and (B) Water utilities; and (2) Direct loans to utility customers, on terms approved by the department.
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