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HI HB258

Bill

Status

Engrossed

3/7/2023

Primary Sponsor

Andrew Garrett

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Authorizes the Board of Regents of the University of Hawaii, with gubernatorial approval, to issue revenue bonds to finance acquisition of the Saint Francis School campus located at 2707 Pamoa Road in Honolulu.

  • Revenue bonds shall be issued under Hawaii Revised Statutes Part VI of Chapter 304A, with principal and interest paid solely from university revenues as defined in HRS Section 304A-2671.

  • Appropriates funds from revenue bond proceeds for fiscal year 2023-2024 to carry out the acquisition, with any unexpended balance not lapsing until June 30, 2026.

  • Appropriates general revenue funds for fiscal year 2023-2024 to the University of Hawaii for acquisition of the Saint Francis School campus.

  • Effective date of June 30, 3000.

Legislative Description

Relating To The Acquisition Of The Saint Francis School Campus For The University Of Hawaii At Manoa.

Appropriation ($)

Last Action

Carried over to 2024 Regular Session.

12/11/2023

Committee Referrals

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

Full Bill Text

No bill text available