Informing the Legislature that on June 3, 2025, the Governor signed the following bill into law: HB1168 HD1 SD1 CD1 (ACT 156).

This bill (HB1168) authorizes the University of Hawaii to issue up to $30.75 million in bonds to fund campus infrastructure projects, including new buildings, renovations, and repairs of facilities like classrooms, labs, and student housing. The bonds, backed by university revenue, will be repaid using university funds, with $30.75 million appropriated specifically for fiscal year 2025-2026. It requires the university to notify the legislature about funded projects and provides housing assistance to eligible students facing increased room and board costs due to the bond debt. The law takes effect July 1, 2025.