HI HB1603

Increases the University of Hawaii's authorization to issue revenue bonds by an unspecified amount to finance construction, renovation, and repair of capital facilities including housing, classrooms, research facilities, libraries, and athletic facilities.

Amends Act 161 (2007) to raise the total principal amount of authorized revenue bonds from $200,000,000 to an unspecified amount.

Appropriates an unspecified sum from revenue bond proceeds for fiscal year 2011-2012, with any unexpended balance lapsing on June 30, 2017.

Requires the University of Hawaii to notify the legislature upon issuance of additional revenue bonds with a detailed listing and description of all funded projects.

Takes effect July 1, 2030.