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HI HB2339
Bill
Status
Engrossed
3/5/2026
Primary Sponsor
Nadine Nakamura
Click for details
AI Summary
- Authorizes the University of Hawaii Board of Regents, with governor approval, to issue revenue bonds to finance construction, renovation, modernization, and major repair of capital facilities
- Eligible projects include faculty and student housing, classrooms, laboratories, offices, research facilities, utility infrastructure, libraries, student support facilities, and athletic facilities
- Principal amount of bonds is capped at a specified limit (amount to be determined), with refunding bonds and previously outstanding bonds excluded from this cap
- Revenue bonds must be issued pursuant to part VI of chapter 304A, Hawaii Revised Statutes, with principal and interest paid solely from university revenue
- Requires the university to notify the legislature upon bond issuance with a detailed list of all projects to be funded; appropriated funds do not lapse until June 30, 2031
Legislative Description
Relating To The University Of Hawaii Revenue Bonds.
Capital Improvement Projects
Last Action
The committee(s) on EDU has scheduled a public hearing on 03-16-26 1:00PM; Conference Room 229 & Videoconference.
3/12/2026
Committee Referrals
Education3/10/2026
Finance2/17/2026
Higher Education2/2/2026
Full Bill Text
No bill text available