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HI HB1321
Bill
Status
Introduced
1/24/2019
Primary Sponsor
Scott Saiki
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AI Summary
- Extends the authorization to issue special purpose revenue bonds for Honolulu Seawater Air Conditioning, LLC from June 28, 2019 to June 30, 2024
- Allows the Department of Budget and Finance to issue bonds to construct and refund a district cooling project with chilled water distribution system in downtown Honolulu
- Amends Act 113 (Session Laws of Hawaii 2009) and Act 150 (Session Laws of Hawaii 2014) to update the bond authorization lapse date
- Permits the issuance of refunding bonds regardless of whether outstanding bonds have matured or are subject to redemption
- Takes effect on July 1, 2100
Legislative Description
Relating To The Issuance Of Special Purpose Revenue Bonds To Assist Seawater Air Conditioning Projects On Oahu.
SPRB
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on LMG with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Nakamura, Thielen excused (3).
2/8/2019
Committee Referrals
Legislative Management2/8/2019
Energy & Environmental Protection1/28/2019
Full Bill Text
No bill text available