THE SENATE	S.B. NO.	1200
TWENTY-NINTH LEGISLATURE, 2017
STATE OF HAWAII

A BILL FOR AN ACT

Relating to Development.

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

     SECTION 1.  The director of finance is authorized to issue general obligation bonds in the sum of $           or so much thereof as may be necessary and the same sum or so much thereof as may be necessary is appropriated for fiscal year 2017-2018 for plans, design, construction, and equipment for a new Aloha Stadium.

     The sum appropriated shall be expended by the department of accounting and general services for the purposes of this Act.

     SECTION 2.  The appropriation made for the capital improvement project authorized by this Act shall not lapse at the end of the fiscal biennium for which the appropriation is made; provided that all moneys from the appropriation unencumbered as of June 30, 2020, shall lapse as of that date.

     SECTION 3.  This Act shall take effect on July 1, 2017.

INTRODUCED BY:

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Report Title:

New Aloha Stadium; Appropriation

Description:

Appropriates funds to the department of accounting and general services for the development and construction of a new aloha stadium.

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