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HI SB619

Bill

Official Source

Status

Engrossed

3/10/2015

Primary Sponsor

Donna Kim

Click for details

Origin

Senate

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 on Oahu from June 28, 2015 to June 30, 2020.

  • Allows the department to issue additional special purpose revenue bonds to refund previously authorized bonds for this multi-project program after the original deadline.

  • Maintains compliance requirement with federal law regarding tax-exempt bond interest.

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

  • Effective date is June 27, 2015.

Legislative Description

SPRB; Honolulu Seawater Air Conditioning LLC ($)

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