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HI HCR191

Concurrent Resolution

Status

Introduced

3/8/2010

Primary Sponsor

John Mizuno

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Origin

House of Representatives

2010 Regular Session

AI Summary

  • Urges the Hawaii Housing Finance and Development Corporation (HHFDC) to adopt policies providing full disclosure of tax exemptions it certifies for affordable housing construction.

  • Requires HHFDC to review each claim for general excise tax exemptions under HRS sections 201H-36, 201H-37, and 237-29(a) before initial or renewal certification.

  • Mandates HHFDC maintain records of all persons and businesses receiving tax exemptions, including their names, addresses, housing project details, approval criteria, and exemption amounts claimed.

  • Requires HHFDC to maintain annual and cumulative records of all tax exemptions claimed and make these records available as public records upon request.

  • Directs HHFDC to submit annual exemption records to the Legislature at least 20 days before each Regular Session beginning in 2011.

Legislative Description

Hawaii Housing Finance and Development Corporation; Tax Exemptions

Last Action

(H) The committee(s) recommends that the measure be deferred.

3/17/2010

Committee Referrals

Housing3/10/2010

Full Bill Text

No bill text available