Bill Text: HI SB2275 | 2016 | Regular Session | Introduced
Bill Title: Hawaii Public Housing Authority; Appropriation; General Obligation Bonds ($)
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2016-02-04 - The committee on HOU deferred the measure. [SB2275 Detail]
Download: Hawaii-2016-SB2275-Introduced.html
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THE SENATE |
S.B. NO. |
2275 |
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TWENTY-EIGHTH LEGISLATURE, 2016 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to the hawaii public housing authority.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The director of finance is authorized to issue general obligation bonds in the sum of $153,000,000 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 2016-2017 for the purpose the repair and maintenance of public housing projects managed by the Hawaii public housing authority.
The sum appropriated shall be expended by the Hawaii public housing authority for the purposes of this Act.
SECTION 2. The appropriation made for the capital improvement project authorized by this Act shall not lapse at the end of the fiscal biennium for which the appropriation is made; provided that all moneys from the appropriation unencumbered as of June 30, 2018, shall lapse as of that date.
SECTION 3. This Act shall take effect on July 1, 2016.
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INTRODUCED BY: |
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Report Title:
Hawaii Public Housing Authority; Appropriation; General Obligation Bonds
Description:
Authorizes the issuance of general obligation bonds and appropriates funds for the repair and maintenance of public housing projects managed by the Hawaii public housing authority.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
