Bill > HB341

This bill authorizes the state of Hawaii to issue up to $80 million in special purpose revenue bonds (SPRBs) to assist West Hawaii Community Health Center, also known as Hawaii Island Community Health Center, in expanding and improving its healthcare facilities across Hawaii Island. The funding will support several specific projects, including constructing a 45,000 square foot medical campus in Kailua-Kona, renovating a 10,000 square foot facility in downtown Hilo to create a primary healthcare center, developing a new 10,000 square foot healthcare facility in Pahoa, and renovating a 3,600 square foot building in Naalehu to house healthcare workers. The bill specifies that these bonds can be issued through June 30, 2030, and can potentially be refunded or refinanced subsequent to that date, with the goal of supporting not-for-profit healthcare facilities that serve the general public. The legislature declares this initiative to be in the public interest and beneficial for public health, safety, and general welfare. The bill will take effect on July 1, 2025, and provides the Department of Budget and Finance the authority to issue the bonds with the governor's approval.

Budget and Finance, Health and Social Services

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=341&year=2025