Loading chat...
HI HB379
Bill
Status
1/26/2015
Primary Sponsor
Richard Creagan
Click for details
AI Summary
-
Authorizes the director of finance to issue general obligation bonds for an unspecified amount to finance planning, designing, improving, acquiring, constructing, equipping, or furnishing a new hospital in North Kona by regional system V of the Hawaii health systems corporation.
-
Appropriates bond proceeds for fiscal year 2015-2016, with funds to be expended by regional system V of the Hawaii health systems corporation and no lapsing of unencumbered funds until June 30, 2018.
-
Allocates an unspecified portion of transient accommodations tax revenues to the department of budget and finance to cover expenses, interest, and debt service related to the North Kona hospital bond issuance.
-
Amends Section 237D-6.5, Hawaii Revised Statutes, to add a new allocation category (subsection (6)) for transient accommodations tax revenues directed toward hospital bond expenses.
-
Takes effect on July 1, 2050.
Legislative Description
General Obligation Bonds; HHSC; Transient Accommodations Tax ($)
Last Action
Report adopted; referred to the committee(s) on FIN with Representative(s) Har, Jordan, Kawakami, Tokioka, Ward voting aye with reservations; Representative(s) McDermott voting no (1) and Representative(s) Ito excused (1).
2/20/2015