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HI SB618
Bill
AI Summary
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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 30, 2020.
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Allows the department to issue refunding bonds for outstanding special purpose revenue bonds authorized under Act 165, Session Laws of Hawaii 2007.
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Maintains compliance requirement with federal law regarding tax-exempt status of bond interest.
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Effective date is June 29, 2015.
Legislative Description
Special Purpose Revenue Bonds; Seawater Air Conditioning Projects ($)
Last Action
Referred to EDB, FIN, referral sheet 30
3/12/2015
Committee Referrals
Economic Development & Business3/12/2015
Ways and Means2/17/2015
Energy and Environment1/26/2015
Full Bill Text
No bill text available