Hawaii HB2452 authorizes the issuance of general obligation bonds for fiscal years 2025-2026, ensuring compliance with the state's debt limit.

Hawaii HB2452 outlines the authorization for the issuance of general obligation bonds for fiscal years 2025-2026. The bill includes a declaration of findings that the total amount of principal and interest on the bonds, after exclusions, will not exceed the state's debt limit. It specifies the exclusion of certain bonds from the debt limit calculation, such as reimbursable general obligation bonds and bonds with contingent liabilities. The bill also details the amount of authorized and unissued bonds, ensuring that the proposed issuance will meet the requirements of all authorized bonds.

Hawaii HB2452 authorizes the issuance of general obligation bonds for fiscal years 2025-2026, ensuring compliance with the state's debt limit.

Hawaii HB2452 outlines the authorization for the issuance of general obligation bonds for fiscal years 2025-2026. The bill includes a declaration of findings that the total amount of principal and interest on the bonds, after exclusions, will not exceed the state's debt limit. It specifies the exclusion of certain bonds from the debt limit calculation, such as reimbursable general obligation bonds and bonds with contingent liabilities. The bill also details the amount of authorized and unissued bonds, ensuring that the proposed issuance will meet the requirements of all authorized bonds.