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HI SB2908

Bill

Official Source

Status

Engrossed

3/3/2020

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • The Board of Land and Natural Resources shall expend $1,500,000 per fiscal year from the Land Conservation Fund for reimbursement of debt service on Turtle Bay reimbursable general obligation bonds until the bonds are fully amortized.

  • Moneys expended for debt service payment shall be deposited into the Turtle Bay conservation easement special fund.

  • The Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.

  • The Act takes effect on July 1, 2050.

Legislative Description

Relating To The Payment Of Debt Service On The Turtle Bay Reimbursable General Obligation Bonds.

Debt Service

Last Action

Referred to WLH, FIN, referral sheet 36

3/9/2020

Committee Referrals

Water, Land, & Hawaiian Affairs3/9/2020
Ways and Means2/10/2020
Water and Land1/27/2020

Full Bill Text

No bill text available