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HI HB2059
Bill
Status
4/8/2014
Primary Sponsor
John Mizuno
Click for details
AI Summary
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Amends Hawaii Revised Statutes Section 247-7 to modify the percentage of conveyance tax revenues allocated to the Rental Housing Trust Fund, with the specific percentage amount left blank in the bill text.
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Changes the allocation effective date from June 30, 2012, to June 30, 2014, after which the new percentage rate applies to all subsequent fiscal years.
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Appropriates unspecified funds from general revenues to the Rental Housing Trust Fund for fiscal year 2014-2015.
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Appropriates unspecified funds from the Rental Housing Trust Fund to the Hawaii Housing Finance and Development Corporation for fiscal year 2014-2015 to increase affordable rental housing units.
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Effective date is July 1, 2050.
Legislative Description
Housing; Rental Housing Trust Fund; Conveyance Tax; Appropriation ($)
Last Action
Conference committee meeting to reconvene on 04-23-14 4:10PM in conference room 423.
4/22/2014