Hawaii HB548 appropriates funds for the acquisition of the Saint Francis School campus by the University of Hawaii at Manoa.
Hawaii HB548 authorizes the University of Hawaii to issue revenue bonds to finance the acquisition of the Saint Francis School campus in Honolulu. The bonds will be issued under the provisions of Hawaii Revised Statutes. The appropriation for this acquisition is sourced from the general revenues of the State of Hawaii and revenue bond proceeds. The Act specifies that any unexpended funds will lapse on June 30, 2028. The Act is set to take effect on July 1, 2025.
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