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HI HB204
Bill
Status
3/1/2019
Primary Sponsor
Nicole Lowen
Click for details
AI Summary
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Authorizes the department of budget and finance to issue special purpose revenue bonds not exceeding $100,000,000 to assist Kona Coast Water, LLC in financing solar thermal desalination facilities using renewable energy
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Covers costs for planning, design, construction, equipment, land acquisition, easements, and other tangible assets for the solar thermal water desalination project
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Permits the department to issue refunding bonds after June 30, 2024 to refinance the authorized bonds, provided federal tax-exemption requirements are met
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Authorization to issue new special purpose revenue bonds expires on June 30, 2024
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Act takes effect July 1, 2100
Legislative Description
Relating To The Issuance Of Special Purpose Revenue Bonds To Assist An Industrial Enterprise.
Special Purpose Revenue Bonds
Last Action
Referred to WAM.
3/5/2019