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HI HB2681

Bill

Official Source

Status

Passed

7/13/2016

Primary Sponsor

Ryan Yamane

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Authorizes the department of budget and finance to issue special purpose revenue bonds not to exceed $800,000 to finance improvements to Wailuku Reservoir No. 6 for Spencer Homes, Inc.

  • Bond proceeds may be used to breach, modify, or provide improvements to the reservoir following all applicable permit requirements.

  • Authorizes the department to issue refunding bonds after June 30, 2021 to refinance the original bonds or other refunding bonds issued under this Act.

  • Authorization to issue bonds expires on June 30, 2021.

  • Effective date is July 1, 2016.

Legislative Description

Special Purpose Revenue Bonds; Dam and Reservoir Owners; Wailuku Reservoir No. 6 ($)

Last Action

Act 249, on 07/12/2016 (Gov. Msg. No. 1358).

7/13/2016

Committee Referrals

Ways and Means3/23/2016
Water, Land, and Agriculture3/10/2016
Finance2/18/2016
Water & Land2/1/2016

Full Bill Text

No bill text available