Hawaii Revised Statutes 269-175 – Revenue bonds; exclusion from debt limit
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Terms Used In Hawaii Revised Statutes 269-175
- Department: means the department of business, economic development, and tourism, or any successor by law. See Hawaii Revised Statutes 269-161
Green infrastructure bonds are revenue bonds issued under article VII, section 12, of the Hawaii State Constitution, and chapter 39, part III, as modified by this part, and the department shall ensure that any bonds issued under this part are excluded from the calculation of the State’s debt limit pursuant to article VII, section 13, of the Hawaii State Constitution.