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HI SB2265
Bill
Status
3/4/2014
Primary Sponsor
Suzanne Chun Oakland
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AI Summary
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Authorizes the director of finance to issue general obligation bonds for fiscal year 2014-2015 to improve existing public housing stock and increase public housing unit supply in Hawaii.
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Appropriates bond proceeds to the Hawaii Public Housing Authority, which reports capital needs of approximately $462,000,000 that remain underfunded by the U.S. Department of Housing and Urban Development.
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Allows appropriated funds to remain available beyond the fiscal biennium, with any unencumbered moneys lapsing on June 30, 2016.
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Takes effect on July 1, 2050.
Legislative Description
Hawaii Public Housing Authority; Appropriation; General Obligation Bonds ($)
Last Action
Conference committee meeting to reconvene on 04-23-14 4:00PM in conference room 423.
4/22/2014