HI HB2250

Removes the salary cap for the Hawaii Housing Finance and Development Corporation's Executive Director, allowing the board to set the salary instead of the previous limit of 85% of the director of human resources development's salary.

Authorizes the board to withhold or alter the Executive Director's benefits package (vacation days, sick leave, health insurance, and retirement) in exchange for a higher salary.

Requires the board to submit a report to the Legislature within 20 days before each regular session following any adjustment to the Executive Director's salary, including rationale for any changes to the benefits package.

Takes effect July 1, 2030.