Report Title:
RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR PROJECTS ON THE ISLAND OF HAWAII.
Description:
This Act extends the authorization to issue special purpose revenue bonds to the year 2011 for the purpose of a cogeneration facility on the Island of Hawaii.
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THE SENATE |
S.B. NO. |
1948 |
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TWENTY-FOURTH LEGISLATURE, 2007 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR PROJECTS ON THE ISLAND OF HAWAII.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Act 263 Session Laws of Hawaii 1993, as amended by Act 135, Session Laws of Hawaii 1998 and Act 80, Session Laws of Hawaii 2002, is amended by amending section 4 to read as follows:
"SECTION 4. The authorization to issue special purpose revenue bonds under this Act shall lapse on June 30, [2007] 2011."
SECTION 2. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun, before its effective date.
SECTION 3. This Act shall take effect on June 29, 2007.
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INTRODUCED BY: |
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