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HI SB2833

Bill

Status

Engrossed

3/6/2018

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2018 Regular Session

AI Summary

  • 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.

  • Total principal amount of authorized revenue bonds is not specified in the provided text (blank dollar amount).

  • Revenue bonds shall be repaid solely from university revenues as defined in Hawaii Revised Statutes section 304A-2671, not from state general funds.

  • Appropriates unspecified amount from revenue bond proceeds for fiscal year 2018-2019, with any unspent balance not lapsing until June 30, 2022.

  • 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

Committee Referrals

Finance3/23/2018
Higher Education3/8/2018
Ways and Means2/2/2018
Higher Education1/24/2018

Full Bill Text

No bill text available