Loading chat...

HI HB242

Bill

Official Source

Status

Passed

6/1/2015

Primary Sponsor

Scott Saiki

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Extends the authorization deadline for the Department of Budget and Finance to issue special purpose revenue bonds for seawater air conditioning projects from June 30, 2015, to June 27, 2020.

  • Allows the department to continue issuing and refunding special purpose revenue bonds to assist Honolulu Seawater Air Conditioning in building seawater air conditioning projects on Oahu after the original 2015 deadline.

  • Maintains compliance with federal law regarding the exemption from federal income taxation of bond interest.

  • Takes effect on June 28, 2015.

Legislative Description

Special Purpose Revenue Bonds; Seawater Air Conditioning Projects ($)

Last Action

Act 068, 05/29/2015 (Gov. Msg. No. 1168).

6/1/2015

Committee Referrals

Ways and Means3/20/2015
Energy and Environment3/10/2015
Finance2/18/2015
Economic Development & Business1/26/2015

Full Bill Text

No bill text available