By a unanimous vote, the Hawaii Senate passed Senate Bill 2012 — that’s right: SB 2012; get it? — that calls for a $500 million general obligation bond-funded Capital Improvement Program.
The Invest in Hawaii Act, according to a press release, is “aimed at creating jobs by investing and stimulating our local economy from all corners of the state.” Of the $500 million, $150 million would go for school projects and $127 for UH projects.
SB 2012 now heads to the House, which has its own version of a construction stimulus. Discuss.
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