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HI SB458

Bill

Official Source

Status

Passed

6/25/2013

Primary Sponsor

David Ige

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Repeals the state educational facilities improvement special fund effective July 1, 2023
  • Immediately stops required deposits of general excise tax revenues into the special fund
  • Limits expenditures from the special fund to projects authorized by the Legislature for fiscal years ending prior to July 1, 2014
  • Restricts lease payments from the special fund to financing agreements entered into prior to July 1, 2013
  • Allows the Department of Education's capital improvement projects to be funded directly through general obligation bonds instead of the special fund

Legislative Description

State Educational Facilities Improvement Special Fund

Last Action

Act 157, on 6/21/2013 (Gov. Msg. No. 1260).

6/25/2013

Committee Referrals

Education4/17/2013
Finance3/25/2013
Education3/7/2013
Ways and Means2/7/2013
Education1/22/2013

Full Bill Text

No bill text available