Hawaii SB1475 amends the powers of the department to issue special facility revenue bonds and leases.
Hawaii SB1475 amends the powers of the department to include issuing special facility revenue bonds and entering into special facility leases for maritime-related operations. The department can issue bonds up to $600,000,000 for construction, acquisition, remodeling, furnishing, and equipping of special facilities. The department can also issue refunding bonds without further legislative authorization. The governor's approval is required for these actions.
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- Legal Framework
- Critical Issues
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