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HI SB809

Bill

Status

Passed

2/13/2012

Primary Sponsor

Jill Tokuda

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Increases the University of Hawaii's authorization to issue revenue bonds by $100,000,000 to finance construction and maintenance of qualifying capital projects
  • Sets the maximum total principal amount of authorized revenue bonds at $300,000,000
  • Appropriates $100,000,000 from revenue bond proceeds for University of Hawaii capital facilities needs
  • Designated as recommended by the Governor for immediate passage under Article VII, Section 9 of the Hawaii Constitution
  • Effective upon approval to provide the University of Hawaii financial flexibility to improve and maintain facilities for education and research missions

Legislative Description

University of Hawaii; Authorization of Revenue Bonds; Emergency Appropriation

Last Action

(S) Act 003, 2/13/2012 (Gov. Msg. No. 1103).

2/13/2012

Committee Referrals

Ways and Means2/9/2011
Education1/24/2011

Full Bill Text

No bill text available