Report Title:

Worldwide Energy Group; SPRBs; Hawaii Sugar Ethanol Project

Description:

Extends the authorization to issue special purpose revenue bonds on behalf of Worldwide Energy Group, Incorporated from 6/30/04 to 6/30/09. (SD1)

HOUSE OF REPRESENTATIVES

H.B. NO.

1944

TWENTY-SECOND LEGISLATURE, 2004

H.D. 1

STATE OF HAWAII

S.D. 1


 

A BILL FOR AN ACT

 

RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST INDUSTRIAL ENTERPRISES.

 

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

SECTION 1. Act 136, Session Laws of Hawaii 2000, is amended by amending section 5 to read as follows:

"SECTION 5. The authorization to issue special purpose revenue bonds under this Act shall lapse on June 30, [2004.] 2009."

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 Statutory material to be repealed is bracketed and stricken.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

SECTION 3. This Act shall take effect on June 29, 2004.