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SB 2808 SD1 HD1

Hawaii - Session 2026

Senate in_committee 2026-04-09
Bill Details

Title: B&F; Defeasement Trust Fund; Tax-Exempt Bonds; State Facilities; Private Use; Appropriation

Summary

Establishes the Defeasement Trust Fund within the Department of Budget and Finance for the defeasement of tax-exempt bonds to allow private use of state facilities financed by tax-exempt bonds. Requires the Department to consult with bond counsel before defeasement. Appropriates moneys in and out of the Defeasement Trust Fund for defeasement of certain tax-exempt bonds. Effective 7/1/3000. (HD1)

Sponsor
Donovan M. Dela Cruz
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-04-09 Status in_committee
2026-04-09 Latest Action Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1).
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