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HI SB2756
Bill
Status
3/4/2014
Primary Sponsor
Kalani English
Click for details
AI Summary
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Authorizes the Department of Budget and Finance to issue special purpose revenue bonds up to $50,000,000 to assist Clean Communities, LLC in processing sewage into sewage derived fuel.
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Bonds issued under part IV, chapter 39A, Hawaii Revised Statutes, for financing a sewage processing facility classified as a project assisting a processing enterprise.
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Department authorized to issue refunding bonds after June 30, 2019, to refinance the original bonds and subsequent refunding bonds in compliance with federal tax-exemption requirements.
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Authorization to issue bonds lapses on June 30, 2019.
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Act takes effect July 1, 2050.
Legislative Description
SPRB; Sewage Processing; Clean Communities, LLC ($)
Last Action
Passed Second Reading and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Takai, Tokioka excused (2).
3/18/2014