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HI HB548

Bill

Status

Engrossed

2/28/2025

Primary Sponsor

Andrew Garrett

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Board of Regents of the University of Hawaii authorized to issue revenue bonds (with governor approval) to finance acquisition of the Saint Francis School campus at 2707 Pamoa Road in Honolulu.

  • Revenue bonds issued under part VI of chapter 304A, Hawaii Revised Statutes, with principal and interest paid solely from university revenues as defined in section 304A-2671.

  • Appropriates funds from revenue bond proceeds for fiscal year 2025-2026 to acquire the Saint Francis School campus, with unexpended balances not lapsing until June 30, 2028.

  • Appropriates funds from general revenues of the State of Hawaii for fiscal year 2025-2026 for acquisition of the Saint Francis School campus.

  • Takes effect July 1, 3000.

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/EIG, WAM.

3/4/2025

Committee Referrals

Higher Education3/4/2025
Finance2/12/2025
Higher Education1/21/2025

Full Bill Text

No bill text available