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HI HB258
Bill
Status
3/7/2023
Primary Sponsor
Andrew Garrett
Click for details
AI Summary
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Authorizes the Board of Regents of the University of Hawaii to issue revenue bonds to finance the acquisition of the Saint Francis School campus located at 2707 Pamoa Road in Honolulu.
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Revenue bonds issued under this Act shall be governed by Part VI of Chapter 304A, Hawaii Revised Statutes, with principal and interest payments secured solely by university revenue as defined in section 304A-2671.
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Appropriates funds from revenue bond proceeds for fiscal year 2023-2024 to carry out the acquisition, with any unspent balance not lapsing until June 30, 2026.
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Appropriates additional funds from general state revenues for fiscal year 2023-2024 for the acquisition of the Saint Francis School campus.
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Effective date is June 30, 3000 (note: appears to contain a typographical error in the effective date).
Legislative Description
Relating To The Acquisition Of The Saint Francis School Campus For The University Of Hawaii At Manoa.
Appropriation ($)
Last Action
Referred to HRE, WAM.
3/10/2023