The law sets aside up to $200 million for Lahaina rebuilding, requiring full funding before each project spends money and at least $48 million in federal matching funds for the school.
The law sets aside up to $200 million for Lahaina rebuilding. Each project needs full funding before spending; the school's allocation also requires at least $48 million in matching federal funds.
The Department of Accounting and General Services must submit a shared rebuilding plan to lawmakers. State agencies must work together and consult Maui County and other relevant groups.
The School Facilities Authority receives control of the new King Kamehameha III Elementary School site during construction, along with construction materials and requested support from other state agencies.
The School Facilities Authority must report monthly on school construction. If funding deadlines are at risk, the governor may move some or all construction responsibilities to another state agency.
The law sets aside up to $146 million for King Kamehameha III Elementary School, $30 million for nearby infrastructure, $12 million for surrounding roads, and $12 million for Lahaina small boat harbor. Money comes from the State Risk Management Revolving Fund, which holds the insurance proceeds. The School Facilities Authority handles school and nearby infrastructure spending. The Department of Transportation handles roads, and the Department of Land and Natural Resources handles harbor spending. The school allocation requires at least $48 million in matching federal funds. Each project can use its allocation only when the comptroller, the state official overseeing these funds, determines that funding for its entire cost is available. Any school-project reimbursements must return to the fund that paid the original expense. The allocations cover fiscal year 2026–2027. The law took effect July 1, 2026.
The Department of Accounting and General Services must prepare a shared rebuilding plan and submit it to the legislature. The plan covers all projects funded through allocations from the State Risk Management Revolving Fund that distribute insurance proceeds from the 2023 Maui wildfires. The department must work with state agencies responsible for schools, transportation, and boating, plus other state agencies it considers necessary. The Department of Education and School Facilities Authority must consult Maui County and other relevant groups together with the comptroller. The requirement took effect July 1, 2026. No submission deadline is stated.
The Department of Education must give the School Facilities Authority sole control of the new King Kamehameha III Elementary School site during construction. These duties cover construction of the new King Kamehameha III Elementary School. Site control returns to the Department of Education when construction is complete. The Department of Accounting and General Services must transfer existing construction plans, active contracts, and other necessary materials to the School Facilities Authority. That department must also provide necessary technical help and other support when the authority requests it. The law took effect July 1, 2026. Construction materials must be transferred within thirty days after that effective date.
The School Facilities Authority must report monthly to the governor and legislature on school construction progress and steps needed to secure matching or extra funds. The reports and possible transfer concern construction of King Kamehameha III Elementary School. Reports must cover tasks that determine the schedule, project timelines, major construction milestones, and funding steps. After consulting the comptroller, the governor may transfer some or all spending authority, site control, and project management to the Department of Accounting and General Services or another appropriate state agency. A transfer requires the governor to find that the authority risks missing deadlines needed to obtain matching or extra funds. Reports are due no later than five days after each month's end. These provisions took effect July 1, 2026.
No hearings or votes scheduled.