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THE SENATE |
S.B. NO. |
2888 |
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TWENTY-NINTH LEGISLATURE, 2018 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
Relating to the Paia Bypass.
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 $49,000,000 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 2018-2019 for the purpose of planning, designing, and constructing the Pā‘ia bypass.
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. The sum appropriated shall be expended by the department of transportation for the purposes of this Act.
SECTION 4. This Act shall take effect on July 1, 2018.
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INTRODUCED BY: |
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Report Title:
CIP; DOT; Paia Bypass; GO Bonds; Appropriation
Description:
Authorizes the issuance of general obligation bonds for appropriation funds to the department of transportation to plan, design, and construct the Pā‘ia bypass.
The summary description
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not legislation or evidence of legislative intent.