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HI HB2452

Bill

Official Source

Status

Engrossed

3/10/2026

Primary Sponsor

Chris Todd

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes the State of Hawaii to issue general obligation bonds to finance projects in the Supplemental Appropriations Act of 2026 and Judiciary Supplemental Appropriations Act of 2026
  • Provides the constitutionally required declaration of findings under Article VII, Section 13 of the Hawaii State Constitution that bond issuance will not cause the state debt limit to be exceeded
  • Establishes that the debt limit equals 18.5% of the average general fund revenues from the three preceding fiscal years
  • Permits issuance of refunding bonds to refinance previously issued general obligation bonds in accordance with state law
  • Takes effect upon approval, with specific dollar amounts and dates to be filled in during the legislative process

Legislative Description

Relating To State Bonds.

State Budget

Last Action

Referred to WAM.

3/12/2026

Committee Referrals

Ways and Means3/12/2026
Finance2/2/2026

Full Bill Text

No bill text available