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HI SB2734
Bill
Status
1/27/2016
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 in an unspecified amount for deposit into the dwelling unit revolving fund established under Hawaii Revised Statutes section 201H-191.
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Appropriates an unspecified amount from the dwelling unit revolving fund for fiscal year 2016-2017 to develop infrastructure and on-site and off-site improvements.
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Directs the Hawaii Housing Finance and Development Corporation to expend appropriated funds for the purposes of this Act.
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Allows the capital improvement appropriation to carry forward beyond the fiscal biennium, with any unencumbered funds lapsing on June 30, 2018.
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Takes effect on July 1, 2016.
Legislative Description
Dwelling Unit Revolving Fund; General Obligation Bonds; Appropriation ($)
Last Action
Report adopted; Passed Second Reading and referred to WAM.
2/18/2016