Hawaii House Bill HB1995

Hawaii 2022 Regular Session

• Introduced: 1/26/22
• Refer: 1/28/22
• Refer: 2/1/22

Caption

Relating To Capital Improvements.

Impact

If passed, this bill would not only contribute to ecological improvements but could also influence funding allocations for public works by allowing costs associated with tree planting to be included under capital improvement projects. This change could entice municipalities and agencies to incorporate more green spaces into their development plans, fostering long-term environmental awareness and community benefits. It exemplifies a shift in legislative focus towards integrating environmental considerations into economic development and public investments.

Summary

House Bill 1995 aims to amend existing statutes related to capital improvements in Hawaii by expanding the definition of 'capital investment costs.' The bill specifically incorporates the planting of trees that are expected to have a lifespan of at least fifteen years into the definition. This addition acknowledges the significance of greenery in urban development and hints at a growing recognition of environmental factors within infrastructure planning. The goal appears to align with initiatives that promote sustainable practices in capital projects.

Contention

While the bill primarily garners support for its potential environmental benefits, there could be contention surrounding its financial implications. Stakeholders may raise questions regarding budgeting priorities and the need for sufficient funding to support these additional costs. Moreover, there might be differing opinions among legislators on balancing economic growth with environmental responsibilities, as some may argue that additional green requirements could complicate or delay capital projects, potentially leading to resistance from developers and certain public entities.