THE SENATE

S.B. NO.

505

THIRTY-FIRST LEGISLATURE, 2021

 

STATE OF HAWAII

 

 

 

 

 

 

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

 

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.

 

 

 

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