Hawaii 2023 Regular Session

Hawaii House Bill HB258

Introduced

1/20/23

Refer

1/25/23

Report Pass

2/17/23

Refer

2/17/23

Report Pass

3/3/23

Engrossed

3/7/23

Refer

3/10/23

Caption

Relating To The Acquisition Of The Saint Francis School Campus For The University Of Hawaii At Manoa.

Impact

If enacted, HB 258 would authorize the financing mechanism necessary for the University of Hawaii to acquire property that could potentially accommodate growing educational needs. This move is expected to provide the university with additional space that can support the expansion of programs and resources, contributing to the overall educational infrastructure in Hawaii. The revenues from these bonds would be secured by the revenue of the university, ensuring that the financial responsibilities are underpinned by the institution’s future earnings.

Summary

House Bill 258 pertains to the acquisition of the Saint Francis School campus located in Honolulu for the University of Hawaii at Manoa. The bill authorizes the Board of Regents of the University of Hawaii to issue revenue bonds, which are intended to finance all or part of the costs associated with the acquisition. This measure emphasizes the state's commitment to expanding and enhancing its educational facilities through strategic acquisitions that serve public higher education purposes.

Sentiment

The sentiment surrounding HB 258 appears to be largely positive among stakeholders who see the acquisition of new campus space as a beneficial step for the University of Hawaii. Supporters include educational administrators and community advocates who anticipate that increased facilities will enhance learning opportunities and cater to a growing student population. However, there may be concerns regarding the financial implications of issuing revenue bonds and whether the revenue generated will be sufficient to cover the costs without placing undue financial pressure on the university's budget.

Contention

A notable point of contention regarding HB 258 may involve the potential cost associated with the bonds and the subsequent financial responsibilities of the University of Hawaii. Critics might raise questions about the fiscal prudence of acquiring new property in the context of state funding limitations or overall economic conditions. Furthermore, there may be discussions over prioritization of resources and how this acquisition aligns with the broader needs of the educational system in Hawaii, highlighting the need for careful analysis and community support as the bill progresses through the legislative process.

Latest HI HB258 Activity

View All Events: HI 2023 Regular Session HB258

Companion Bills

HI SB1508

Same As Relating To The Acquisition Of The Saint Francis School Campus For The University Of Hawaii At Manoa.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB0390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.