Loading chat...

HI HB258

Bill

Status

Engrossed

3/7/2023

Primary Sponsor

Andrew Garrett

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • 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.

  • 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.

  • 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.

  • Appropriates additional funds from general state revenues for fiscal year 2023-2024 for the acquisition of the Saint Francis School campus.

  • 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

Committee Referrals

Higher Education3/10/2023
Finance2/17/2023
Higher Education & Technology1/25/2023

Full Bill Text

No bill text available