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HI HB1321

Bill

Status

Introduced

1/24/2019

Primary Sponsor

Scott Saiki

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Origin

House of Representatives

2019 Regular Session

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