Loading chat...
HI SB2603
Bill
Status
3/4/2014
Primary Sponsor
William Espero
Click for details
AI Summary
-
Authorizes the director of finance to issue general obligation bonds to fund the State's portion of construction for a 173-bed veterans long-term care facility.
-
Bond issuance is contingent upon the federal government appropriating a specified percentage of funds needed to complete the facility.
-
Appropriated funds shall not lapse at the end of the fiscal biennium, except that any unencumbered moneys as of June 30, 2016 shall lapse on that date.
-
Directs the Hawaii Health Systems Corporation to expend the appropriated funds for the construction project.
-
Effective date is July 1, 2014.
Legislative Description
Long-term Care Facility; Veterans; General Obligation Bonds ($)
Last Action
Referred to VMI/HLT, FIN, referral sheet 28
3/6/2014