HI HB2397

Transfers school impact fees from the Kalihi-Ala Moana school impact district to the school impact fees subaccount of the school facilities special fund

Appropriates funds from the school facilities special fund for fiscal year 2026-2027 to acquire and renovate buildings in downtown Honolulu

Addresses critical shortage of early learning facilities and permanent space for public charter schools, with downtown Honolulu identified as a high-need area for pre-kindergarten capacity

Authorizes collocation of pre-kindergarten centers and public charter schools within the same facility to efficiently use space and address multiple facility needs

School Facilities Authority designated to expend the appropriated funds; effective date set for July 1, 3000 (placeholder date)