Authorizes the University of Hawaii to issue up to $800 million in revenue bonds for capital projects.
The bill allows the University of Hawaii to issue revenue bonds to fund priority capital projects, including construction, renovation, and modernization. The bonds, up to $800 million, will finance various university facilities such as housing, classrooms, and research centers. The university must notify the legislature of each bond issuance and the projects funded. The bonds are secured by university revenue, and any unexpended funds will not lapse until June 30, 2030.
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