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HI HB2483

HI HB2483
Relating To Capital Improvement Projects For The Benefit Of The Forty-fifth Representative District.


summary

Introduced
01/28/2026
In Committee
02/02/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Authorizes the issuance of general obligation bonds and appropriates funds for capital improvement projects in the 45th representative district.

AI Summary

This bill authorizes the director of finance to issue general obligation bonds, which are loans backed by the government's full faith and credit, totaling $6,500,000 to fund capital improvement projects specifically for the forty-fifth representative district. These funds are appropriated for the fiscal year 2026-2027 and will be used to upgrade the Waianae Boat Harbor on Oahu, including the construction of 109 berths, seven ramps, a fish hoist, and a harbor master's facility with public restrooms. The money allocated for these projects will not expire at the end of the fiscal year but will lapse, meaning it will be returned to the state, on June 30, 2029, if it remains unspent. The department of land and natural resources will be responsible for expending these funds for the authorized projects, and the Act will become effective on July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to FIN, referral sheet 6 (on 02/02/2026)

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