RELATING TO THE STATE RISK MANAGEMENT REVOLVING FUND.

Removed separate appropriation sections for the King Kamehameha III elementary school, its roadway, David Malo circle, the small boat harbor, and the public library.

Consolidated funding into a single appropriation for the general transfer and distribution of property and liability insurance proceeds related to the 2023 Maui wildfires.

Changed the effective date of the Act from July 1, 3000, to July 1, 2025.

Updated the requirement for the Department of Accounting and General Services to submit a master coordinated project spreadsheet, removing the specific instruction to consult with the County of Maui regarding infrastructure redevelopment.

Funding for the King Kamehameha III elementary school, offsite infrastructure roadways, and the Lahaina public library was completely removed from the bill.

The specific dollar amounts appropriated for all projects were removed and replaced with blank placeholders, preventing immediate expenditure.

The requirement for a 'master coordinated project plan' was changed to a 'master coordinated project spreadsheet', altering the type of oversight document required.

The bill removed provisions requiring the transfer of site control for the new school and the submission of monthly progress reports regarding the school's construction.

The effective date of the bill was changed from July 1, 2026, to July 1, 3000, effectively delaying the implementation of the remaining funding until the year 3000.

The list of state agencies required to collaborate on the project oversight was reduced, removing the School Facilities Authority from the mandatory collaboration list.

Added specific appropriations totaling $188 million for the King Kamehameha III elementary school, offsite infrastructure, roadways, and the Lahaina small boat harbor, replacing a single general appropriation.

Mandated that the Department of Education transfer exclusive site control of the new school to the School Facilities Authority during construction and require monthly milestone progress reports to the Governor and Legislature.

Changed the required deliverable from a 'master coordinated project spreadsheet' to a 'master coordinated project plan' and updated the list of collaborating agencies to include the School Facilities Authority.

Created a mechanism allowing the Governor to transfer construction authority and site control from the School Facilities Authority to the Department of Accounting and General Services if the project risks missing deadlines or funding targets.