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HI HB2385
Bill
Status
1/26/2022
Primary Sponsor
Scott Saiki
Click for details
AI Summary
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Extends the authorization to issue special purpose revenue bonds to assist MauiGrown Coffee, Inc., a Hawaii corporation, with expanded operation of its coffee farm and mill in Puukolii, Maui.
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Changes the lapse date for bond issuance authorization from June 30, 2022, to June 30, 2027.
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Amends sections 4 and 5 of Act 116, Session Laws of Hawaii 2017, to update the authorization period for issuing refunding bonds.
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Allows the Department of Budget and Finance to continue issuing special purpose revenue bonds for refunding purposes through the new June 30, 2027, deadline.
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Takes effect July 1, 2022.
Legislative Description
Relating To The Issuance Of Special Purpose Revenue Bonds To Assist Mauigrown Coffee, Inc.
Special Purpose Revenue Bonds
Last Action
Referred to AGR, FIN, referral sheet 3
1/28/2022