§196-67 Hawaii green infrastructure bond fund. (a) There is established the Hawaii green infrastructure bond fund as a special fund into which all proceeds of the green infrastructure fee established pursuant to section 269-166 and any other proceeds of green infrastructure property shall be paid. The Hawaii green infrastructure bond fund may also receive other moneys as the department may determine and as provided in a financing order, including, without limitation, green infrastructure charges.
(b) Moneys in the Hawaii green infrastructure bond fund shall be impressed with the lien created by, and shall be used solely for purposes set forth in, section 269-164. Upon payment or defeasance of all bonds and financing costs, moneys in the fund, at the direction of the department, may be transferred into the Hawaii green infrastructure special fund established pursuant to section 196-65 or other purpose as the department shall specify.
(c) The Hawaii green infrastructure bond fund shall be audited at least annually by a firm of independent certified public accountants selected by the department, and the results of this audit shall be provided to the department and the public utilities commission.
(d) Pursuant to section 39-68, the department shall appoint a trustee to receive, hold, and disburse all amounts required to be held in the Hawaii green infrastructure bond fund upon terms and conditions as set forth in a certificate, indenture, or trust agreement.
The Hawaii green infrastructure bond fund shall not be subject to section 37-53. [L 2013, c 211, pt of §2]
Structure Hawaii Revised Statutes
Title 12. Conservation and Resources
196-1 Findings and declaration of necessity.
196-1.5 Priority permitting process for renewable energy projects.
196-5 Gas appliances with pilot light prohibited; exemptions.
196-6 Energy efficient storage hot water heaters.
196-6.5 Solar water heater system required for new single-family residential construction.
196-7 Placement of solar energy devices.
196-7.5 Placement of electric vehicle charging system.
196-10 Hawaii renewable hydrogen program.
196-10.5 Hawaii clean energy initiative program.
196-10.8 Energy systems and technology training.
196-19 Life-cycle cost analysis.
196-23 Energy efficient products.
196-41 State support for achieving renewable portfolio standards.
196-42 State support for achieving alternate fuels standards and clean ground transportation goals.
196-62 Hawaii green infrastructure loan program.
196-62.5 Financing for state government agencies.
196-63 Hawaii green infrastructure authority.
196-64 Functions, powers, and duties of the authority.
196-65 Hawaii green infrastructure special fund.
196-65.5 Clean energy and energy efficiency revolving loan fund
196-66 Use of Hawaii green infrastructure special fund; application.
196-67 Hawaii green infrastructure bond fund.
196-68 Compliance with revenue bond law.
196-69 Reporting; annual report.
196-71 Hawaii state energy office; established.
196-72 Chief energy officer of the Hawaii state energy office; duties.
196-85 Appliance efficiency standards.