Haw. Rev. Stat. § 39B-1
Whenever used in this [chapter], unless a different meaning clearly appears from the context:
"Annual state ceiling" means the principal amount of private activity bonds which may be issued in each calendar year by all issuers and counties in the State under the Internal Revenue Code of 1986, as the same may be amended.
"Department" means the department of budget and finance.
"Governing body" means the councils of the counties, or any other body exercising the legislative powers of a county.
"Issuer" means any state department, board, commission, officer, or authority, or private not-for-profit corporation authorized under the laws of the State to issue private activity bonds.
"Private activity bond" shall have the same meaning as the term is defined in the Internal Revenue Code of 1986, as the same may be amended.
HRS § 39B-1