HI HB2053

Establishes a University of Hawaii Capital Improvements Program Project Assessment Special Fund to help defray costs associated with capital improvements program (CIP) projects managed by UH.

Enables UH to equitably assess, collect, and distribute moneys for current and other expenses associated with CIP projects, repair and maintenance projects, and major renovation projects.

Allows UH to manage the payment of expenses assessable against CIP projects managed by or through the university system.

Received support from the UH System; the Department of Budget and Finance offered comments.

Recommended for passage by the House Committee on Finance.