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HI SB1042

Bill

Official Source

Status

Engrossed

3/10/2015

Primary Sponsor

Kalani English

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Authorizes the Department of Budget and Finance to issue special purpose revenue bonds to assist SunStrong LLC, a renewable energy developer, in providing renewable electric energy and installing renewable energy projects in Hawaii.

  • Bonds issued under part V, chapter 39A, Hawaii Revised Statutes, and total amount not specified in the bill text (blank amount appears in Section 2).

  • Authorizes the department to issue refunding bonds subsequent to June 30, 2020, to refinance the original special purpose revenue bonds or previously issued refunding bonds.

  • The authorization to issue special purpose revenue bonds lapses on June 30, 2020.

  • Takes effect on July 1, 2015.

Legislative Description

Special Purpose Revenue Bonds; SunStrong LLC; Renewable Energy Developer ($)

Last Action

Conference committee meeting to reconvene on 05-01-15 4:30PM in conference room 225.

5/1/2015

Committee Referrals

Finance3/27/2015
Energy & Environmental Protection3/12/2015
Ways and Means2/17/2015
Energy and Environment1/28/2015

Full Bill Text

No bill text available