Bill Text: HI HB1217 | 2010 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Education Projects; Fiscal Stimulus

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [HB1217 Detail]

Download: Hawaii-2010-HB1217-Introduced.html

Report Title:

Education Projects; Fiscal Stimulus

 

Description:

Appropriates $100,000,000 in general obligation bond funds for public school projects and $50,000,000 for University of Hawaii projects.  Allows the appropriation to be used to match federal funds appropriated for state capital improvement projects under any federal fiscal stimulus legislation.

 


HOUSE OF REPRESENTATIVES

H.B. NO.

1217

TWENTY-FIFTH LEGISLATURE, 2009

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT


 

 

RELATING TO EDUCATION PROJECTS.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  The purpose of this Act is to make appropriations for education projects to stimulate the economy.

     SECTION 2.  The director of finance is authorized to issue general obligation bonds in the sum of $100,000,000 or so much thereof as may be necessary and the same sum or so much thereof as may be necessary is appropriated for fiscal year 2009-2010 for improvements to or repair and maintenance of public schools.

     The sum appropriated shall be expended by the department of education.

     SECTION 3.  The director of finance is authorized to issue general obligation bonds in the sum of $50,000,000 or so much thereof as may be necessary and the same sum or so much thereof as may be necessary is appropriated for fiscal year 2009-2010 for improvements to or repair and maintenance of University of Hawaii instructional facilities.

     The sum appropriated shall be expended by the University of Hawaii.

     SECTION 4.  The appropriations made for public school projects and University of Hawaii instructional facility projects authorized in this Act shall not lapse at the end of the fiscal year for which the appropriations are made; provided that all moneys from the appropriations unencumbered as of June 30, 2011, shall lapse as of that date.

     SECTION 5.  The director of finance may use the appropriations under this Act to match federal funds that are appropriated for capital improvement projects in the State of Hawaii under any federal fiscal stimulus legislation.

     SECTION 6.  This Act shall take effect on July 1, 2009.

 

INTRODUCED BY:

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