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HI SB3073

Bill

Official Source

Status

Introduced

1/24/2024

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Reduces general revenue appropriation to the school facilities special fund from $200,000,000 to $100,000,000 for fiscal year 2023-2024
  • Authorizes the director of finance to issue $100,000,000 in general obligation bonds for deposit into the school facilities special fund, replacing the reduced general revenue appropriation
  • Extends the lapse date for unencumbered funds from June 30, 2024 to June 30, 2025
  • Funds are to be used by the school facilities authority to expand pre-kindergarten access through construction of new facilities, renovation and expansion of existing facilities, and other capacity-increasing measures
  • Takes effect upon approval on June 29, 2024

Legislative Description

Relating To The School Facilities Special Fund.

School Facilities Special Fund

Last Action

Referred to EDU, WAM.

1/26/2024

Committee Referrals

Education1/26/2024

Full Bill Text

No bill text available