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HI HB2385

Bill

Status

Introduced

1/26/2022

Primary Sponsor

Scott Saiki

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • 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.

  • Changes the lapse date for bond issuance authorization from June 30, 2022, to June 30, 2027.

  • Amends sections 4 and 5 of Act 116, Session Laws of Hawaii 2017, to update the authorization period for issuing refunding bonds.

  • Allows the Department of Budget and Finance to continue issuing special purpose revenue bonds for refunding purposes through the new June 30, 2027, deadline.

  • 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

Committee Referrals

Agriculture1/28/2022

Full Bill Text

No bill text available