REPORT TITLE: 
Biotechnology

DESCRIPTION:
Appropriates an unspecified sum for the development of a
biotechnology center.


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        
HOUSE OF REPRESENTATIVES                H.B. NO.666        
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                     A BILL FOR AN ACT

AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING
   AN APPROPRIATION FOR A BIOTECHNOLOGY CENTER.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  The director of finance is authorized to issue
 
 2 general obligation bonds in the sum of $       or so much thereof
 
 3 as may be necessary and the same sum or so much thereof as may be
 
 4 necessary is appropriated for fiscal year 1999-2000 for the land
 
 5 acquisition, planning, design, construction, and equipment of a
 
 6 biotechnology center in Honolulu, Oahu.
 
 7      SECTION 2.  The sum appropriated shall be expended by the
 
 8 University of Hawaii for the purposes of this Act.
 
 9      SECTION 3.  The appropriation made for the capital
 
10 improvement project authorized in this Act shall not lapse at the
 
11 end of the fiscal biennium for which the appropriation is made;
 
12 provided that all appropriations which are unencumbered as of
 
13 June 30, 2002, shall lapse as of that date.
 
14      SECTION 4.  This Act shall take effect on July 1, 1999.
 
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16                         INTRODUCED BY:___________________________