Hawaii SB2077 authorizes the issuance of up to $40 million in special purpose revenue bonds to assist Fenix Space, Inc.

Hawaii SB2077 authorizes the Department of Budget and Finance to issue up to $40 million in special purpose revenue bonds to assist Fenix Space, Inc. in building a launch platform system and a flight operations facility in Hilo. The bonds can be issued until June 30, 2031, and may be used to refund existing bonds. The facility will include offices, a clean room, and hangar space, and will be located at Hilo International Airport. The legislature finds that this bond issuance is in the public interest.

Hawaii SB2077 authorizes the issuance of up to $40 million in special purpose revenue bonds to assist Fenix Space, Inc.

Hawaii SB2077 authorizes the Department of Budget and Finance to issue up to $40 million in special purpose revenue bonds to assist Fenix Space, Inc. in building a launch platform system and a flight operations facility in Hilo. The bonds can be issued until June 30, 2031, and may be used to refund existing bonds. The facility will include offices, a clean room, and hangar space, and will be located at Hilo International Airport. The legislature finds that this bond issuance is in the public interest.