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Haw. Rev. Stat. § 206E-21.5

Issuance of bonds for the development of infrastructure

Hawaii · Hawaii Revised Statutes Chapter 206E — Hawaii Community Development Authority · Status: effective

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Haw. Rev. Stat. § 206E-21.5, Issuance of bonds for the development of infrastructure, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2400723
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(a) Notwithstanding section 206E-21 and 206E-225, the authority, pursuant to and in accordance with this subpart and section 46-80.1(a), may issue bonds for the purpose of financing the development of infrastructure for: (1) Land owned by the authority or land within a community development district or area established under this chapter or the stadium development district established in section 206E-223; and (2) Infrastructure projects under section 206E-246. (b) All bonds issued by the authority for improvements by assessments, and the interest thereon, shall be exempt from all state, county, and municipal taxation, except inheritance, transfer, and estate taxes.