SB672

Authorizes funding for capital improvement projects at the University of Hawaii's Waimanalo research station.

The bill authorizes the issuance of general obligation bonds and appropriates funds for the repair, maintenance, and demolition of buildings at the Waimanalo research station. The median age of the buildings is approximately forty-four years old, and security and theft have emerged as ongoing challenges. The purpose is to ensure the safety of researchers and students. The director of finance is authorized to issue bonds up to $4,000,000, with the appropriation not lapsing at the end of the fiscal biennium. The Act takes effect on July 1, 2025.