RELATING TO THE UNIVERSITY OF HAWAII.

SB2658

THE SENATE

S.B. NO.

2658

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO THE UNIVERSITY OF HAWAII
.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

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SECTION 1.
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The legislature finds that it is of critical
importance to ensure that public funds are used specifically for their intended
purposes.
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It is essential that funds
appropriated to the university of Hawaii for renew, improve, and modernize
projects not be used for current or anticipated capital improvement projects.
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Ensuring that funds are used specifically for
their intended purpose will promote the integrity of state infrastructure
investments and ensure that the maintenance and modernization of public
facilities are appropriately prioritized.

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The
legislature further finds that it is its responsibility to monitor and review
the use of funds to renew, improve, and modernize existing university
facilities.
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To maintain transparency and
accountability in the allocation and expenditure of these funds, it is
necessary to require that the university of Hawaii provide detailed reports on
projects that receive renew, improve, and modernize project funding.

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Accordingly,
the purpose of this Act is to require that the board of regents expend appropriated
funds only for purposes of renew, improve, and modernize projects.

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SECTION

2
.
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Section
304A-2672, Hawaii Revised Statutes, is amended to read as follows:

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�304A-2672
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Powers of the board.
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Notwithstanding any law to the contrary, the
board may:

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(1)
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Designate as a university project, any `taking,
improvement, or facility on any one or more of the areas in one or more of the
educational institutions under the jurisdiction of the board;

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(2)
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Construct
and maintain university projects, including a university project included or to
be in a university system;

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(3)
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Expend
funds for renew, improve, and modernize projects on one or more of the areas on
any one or more of the educational institutions under the jurisdiction of the
board; provided that the board shall not expend these funds on current,
ongoing, or anticipated capital improvement projects; provided further that the
board shall submit an annual report detailing the renew, improve, and modernize
projects that received funding to the legislature no later than thirty days
prior to the convening of each regular session;

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[
(3)
]

(4)
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Combine two or more university projects into a university system on one
or more of the areas on any one or more of the educational institutions under
the jurisdiction of the board, and to maintain the system;

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[
(4)
]

(5)
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Combine two or more university projects, university systems, or
university projects and university systems into a network, on any one or more
of the areas on any one or more of the educational institutions under the
jurisdiction of the board, and to maintain the network;

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[
(5)
]

(6)
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Prescribe and collect rents, fees, and charges for the use of or
services furnished by any university project and the facilities thereof, and
pledge any appropriation to any university project and the facilities thereof
that in aggregate, produces revenue of the university at least sufficient to
comply with section 304A-2681;

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[
(6)
]

(7)
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With the approval of the governor, issue revenue bonds under this
subpart in such principal amount as may be authorized by the legislature from
time to time to finance in whole or in part the cost of construction or the
cost of maintenance of any university project, including funding reserves
therefor;

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[
(7)
]

(8)
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Pledge to the punctual payment of revenue bonds and interest thereon,
all or any part of the revenue of the university, including any appropriation,
in an amount sufficient to pay the revenue bonds and interest as the same
become due and to create and maintain reasonable reserves therefor;

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[
(8)
]

(9)
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Establish a loan program or a commercial paper program upon terms and
conditions that the board may determine; and

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[
(9)
]

(10)
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Advance moneys of the university, not otherwise required, and do any and
all other lawful acts as may be necessary, convenient, or desirable, for
carrying into execution and administering this subpart.
"

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SECTION
3.
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Statutory material to be repealed is bracketed
and stricken.
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New statutory material is
underscored.

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SECTION
4.
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This Act shall take effect upon its
approval.

INTRODUCED BY:

_____________________________

Report Title:

UH; BOR;
RIM Projects; Expenditures; Reports

Description:

Requires
the Board of Regents to expend funds appropriated to renew, improve, or
modernize existing University of Hawaii facilities for only those purposes and
not for current, ongoing, or anticipated capital improvement projects.
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Requires annual reports to the Legislature.

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.