Report Title:

SPRB Bonds; Health Care Facilities; Sunset Repealed

Description:

Repeals the sunset provision of the law allowing SPRBs to be issued to assist not-for-profit corporations that provide health care facilities to the general public.

THE SENATE

S.B. NO.

2053

TWENTY-FIRST LEGISLATURE, 2002

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to special purpose revenue bounds.

 

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

SECTION 1. Section 39A-52, Hawaii Revised Statutes, is repealed.

["§39A-52 Sunset provision. After June 30, 2003, no new special purpose revenue bonds shall be issued under this part."]

SECTION 2. Statutory material to be repealed is bracketed and stricken.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

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