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HI SB2833
Bill
Status
3/6/2018
Primary Sponsor
Ronald Kouchi
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AI Summary
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Authorizes the University of Hawaiʻi Board of Regents to issue revenue bonds with gubernatorial approval to finance construction, maintenance, and modernization of university capital projects, including reserves.
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Total principal amount of authorized revenue bonds is not specified in the provided text (blank dollar amount).
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Revenue bonds shall be repaid solely from university revenues as defined in Hawaii Revised Statutes section 304A-2671, not from state general funds.
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Appropriates unspecified amount from revenue bond proceeds for fiscal year 2018-2019, with any unspent balance not lapsing until June 30, 2022.
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University of Hawaiʻi must notify the legislature upon issuance of the authorized revenue bonds with detailed listing and description of all projects to be funded.
Legislative Description
Relating To University Of Hawaii Revenue Bonds.
University of Hawai‘i
Last Action
Received notice of Senate conferees (Sen. Com. No. 788).
4/17/2018