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SB 1475 Hawaii Senate · 2025 Regular Session

RELATING TO SPECIAL FACILITY REVENUE BONDS.

Summary
Increases the total principal amount of special facility revenue bonds that may be issued by the Department of Transportation for harbor improvements. Effective 7/1/2050. (SD1)
Issues: ✓ Budget & TaxesSupports Budget & TaxesIncreases DOT bond funding for harbor infrastructure, advancing government spending on public projects within fiscal management framework.95% confidence ✓ TransportationSupports TransportationIncreases DOT funding for harbor infrastructure via bonds, directly advancing transportation infrastructure projects as per bill's purpose and subjects.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2025 Last action Feb 11, 2025
Maddy AI version diff · 1 comparison

What changed between versions

SB1475 → SB1475_SD1 · 2 edits
MINOR
This bill amends Hawaii's special facility revenue bond statute to increase the maximum amount the Department of Transportation can borrow for harbor improvements from $100 million to $600 million. The change addresses rising construction costs due to inflation and enables larger-scale projects, including renewable energy infrastructure. The effective date was also changed from immediate approval to July 1, 2050.
Scope change
The bill expands the Department of Transportation's borrowing authority for special facility revenue bonds, allowing significantly higher funding amounts for harbor improvement projects.
FISCAL

Increased the maximum principal amount of special facility revenue bonds from $100 million to $600 million to accommodate escalating project costs and larger infrastructure needs.

TIMELINE

Changed the effective date of the act from upon approval to July 1, 2050.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
4
Feb 11, 2025
Committee
Reported from TCA (Stand. Com. Rep. No. 249) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 6, 2025
Upper · Passed
The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 4 Aye(s): Senator(s) Lee, C., Elefante, Kanuha, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Inouye.
upper
Feb 3, 2025
Upper · Passed
The committee(s) on TCA has scheduled a public hearing on 02-06-25 3:00PM; Conference Room 224 & Videoconference.
upper
Jan 27, 2025
Committee
Referred to TCA, WAM.
upper
Jan 23, 2025
Introduced
Introduced and passed First Reading.
upper
Jan 21, 2025
Introduced
Pending Introduction.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Ron Kouchi
Ron Kouchi
DDemocratic
HI
8