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HI HB1375

Bill

Status

Introduced

1/27/2021

Primary Sponsor

Angus McKelvey

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Extends the authorization to issue special purpose revenue bonds for MauiGrown Coffee, Inc., a Hawaii corporation operating a coffee farm and mill in Puukolii, Maui.

  • Changes the authorization expiration date from June 30, 2022, to June 30, 2027, in Act 116, Session Laws of Hawaii 2017.

  • Allows the Department of Budget and Finance to issue refunding bonds for both the original special purpose revenue bonds and any subsequently issued refunding bonds after the new expiration date.

  • Takes effect on July 1, 2021.

Legislative Description

Relating To The Issuance Of Special Purpose Revenue Bonds To Assist Mauigrown Coffee, Inc.

Special Purpose Revenue Bonds

Last Action

Passed Second Reading and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Gates excused (1).

2/18/2021

Committee Referrals

Finance2/18/2021
Agriculture2/1/2021

Full Bill Text

No bill text available