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HI SB1275
Bill
Status
1/29/2015
Primary Sponsor
Maile Shimabukuro
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AI Summary
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Authorizes the department of budget and finance to issue up to $15,000,000 in special purpose revenue bonds to assist Paradise Ohana Automotive Training & Education, LLC for planning, design, and construction of an automotive training facility in Hawaii
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Authorizes the department of budget and finance to issue up to $20,000,000 in special purpose revenue bonds to assist Paradise Ohana Automotive Technologies, LLC for planning, design, and construction of a manufacturing and industrial facility in West Oahu
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Authorizes the department of budget and finance to issue up to $30,000,000 in special purpose revenue bonds to assist Paradise Ohana Automotive Discovery Center, LLC for development of an education facility in West Oahu
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Authorizes the department of budget and finance to issue up to $35,000,000 in special purpose revenue bonds to assist Paradise Ohana Motorsports Center, LLC for plans and construction of a motorsports center
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All bond authorization lapses on June 30, 2020, and the act takes effect July 1, 2015
Legislative Description
SPRB; Paradise Ohana ($)
Last Action
The committee on EDT deferred the measure.
2/13/2015