Hawaii SB3159 authorizes the University of Hawaii to issue revenue bonds for capital facility projects.
Hawaii SB3159 allows the University of Hawaii to issue revenue bonds to fund priority capital facility projects, including construction, renovation, modernization, and repairs. The university must notify the legislature of the issuance, detailing funded projects. The bonds' principal and interest are secured by university revenue. The act takes effect on July 1, 2026.
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