HI SB210

Authorizes the director of finance to issue $1,000,000 in general obligation bonds for fiscal year 2011-2012.

Appropriates the bond proceeds as a grant to Palolo Chinese Home, a 110-year-old private non-profit organization providing elderly care services on Oahu.

Funds designated for expansion, construction, and rebuilding of Palolo Chinese Home's facilities to expand programs serving Hawaii's growing elderly population.

Requires the Department of Human Services to expend the appropriated funds and permits the appropriation to carry forward beyond the fiscal biennium, with any unencumbered funds lapsing on June 30, 2014.

Takes effect on July 1, 2011.