Establishes the stadium development special fund for the new aloha stadium entertainment district.
The bill establishes the stadium development special fund in the state treasury, into which funds collected by the stadium authority shall be deposited. These funds include revenues from the stadium development district, gifts or grants, and legislative appropriations. The fund is intended to cover expenses for the development, operation, repair, maintenance, and improvement of the stadium district. The bill also appropriates $49,500,000 for fiscal year 2025-2026, subject to project readiness conditions.
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