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HI HB1544
Bill
Status
1/20/2016
Primary Sponsor
Scott Saiki
Click for details
AI Summary
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Authorizes the department of budget and finance to issue special purpose revenue bonds for Pasha Hawaii Holdings, LLC to redevelop Honolulu Harbor, Oahu, with a principal amount to be determined.
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Bonds shall be issued under part V, chapter 39A, Hawaii Revised Statutes, classifying the Honolulu Harbor redevelopment as assistance to industrial enterprise.
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Permits the department to issue refunding bonds after June 30, 2021, to refinance the original bonds and any subsequent refunding bonds issued under this Act.
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The authorization to issue bonds expires on June 30, 2021.
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The Act takes effect on July 1, 2016.
Legislative Description
Special Purpose Revenue Bonds; PASHA Hawaii Holdings, LLC ($)
Last Action
The committee(s) on TRN recommend(s) that the measure be deferred.
2/17/2016