Authorizes the Public Utilities Commission to establish automatic adjustment mechanisms by rules that include specified criteria. Grants Governor veto-authority over the rules. Authorizes the Public Utilities Commission to waive or exempt any water carrier from any requirement under the Hawaii Water Carrier Act. Repeals 7/1/2032. (SD2)

Statutes affected:
HB2386: 271G-5, 271G-17
HB2386 HD1: 271G-5, 271G-17
HB2386 SD1: 271G-5, 271G-17
HB2386 HD2: 271G-5, 271G-17
HB2386 SD2: 271G-5, 271G-17