Bill Text: HI SB505 | 2021 | Regular Session | Introduced
Bill Title: Relating To University Of Hawaii Revenue Bonds.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-01-27 - Referred to HRE, WAM. [SB505 Detail]
Download: Hawaii-2021-SB505-Introduced.html
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THE SENATE |
S.B. NO. |
505 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO UNIVERSITY OF HAWAII REVENUE BONDS.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. There is appropriated from the bond fund for the university of Hawaii the sum of $2,387,000 or so much thereof as may be necessary for fiscal year 2021-2023 for renovations, repairs, and improvements to the John A. Burns school of medicine.
The sum appropriated represents only the amount derived from interest earnings accrued from the proceeds of university of Hawaii revenue bonds sold for the John A. Burns school of medicine, which remain available in the bond fund for the university. This appropriation shall lapse on June 30, 2024.
The sum appropriated shall be expended by the board of regents of the university of Hawaii.
SECTION 2. This Act shall take effect on July 1, 2021
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INTRODUCED BY: |
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Report Title:
UH; Bond Fund; John A. Burns School of Medicine; Appropriation
Description:
Appropriates moneys from the university of Hawaii bond fund for renovations, repairs, and improvements to the John A. Burns school of medicine.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
