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HI SB2280

Bill

Status

Engrossed

3/5/2024

Primary Sponsor

Dru Kanuha

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Authorizes the Director of Finance to issue general obligation bonds for eleven capital improvement projects across Hawaii during fiscal year 2024-2025
  • Projects include: Paia sugar mill prototyping center ($28.3M), Lahainaluna teacher housing ($14.5M), Kailua library ($2.65M), Waikoloa library ($10M), Heeia Kea harbor repairs ($1M), Mother Waldron park community facility ($3M), Kau hospital wastewater treatment ($5M), Uncle Billy's Hotel demolition ($6.1M), Kona Community Hospital imaging suite ($5M), Hawaii State Hospital locked facility ($2.5M), and Big Brothers Big Sisters campus ($3.75M)
  • Requires all projects to be funded through public-private partnerships approved by the Attorney General and Director of Finance, and to comply with Hawaii Revised Statutes section 37D-2 and 37D-5
  • Appropriated funds do not lapse at end of fiscal year but any unencumbered moneys lapse on June 30, 2026
  • Effective date is July 1, 2050

Legislative Description

Relating To Financing.

Appropriation ($)

Last Action

Referred to FIN, referral sheet 16

3/7/2024

Committee Referrals

Finance3/7/2024
Ways and Means1/19/2024

Full Bill Text

No bill text available