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HI SB3100

Bill

Official Source

Status

Introduced

1/27/2016

Primary Sponsor

Donovan Cruz

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Authorizes the director of finance to issue general obligation bonds to counties for infrastructure construction related to urban renewal projects under chapter 53.

  • Allows each county to create multiple local redevelopment agencies instead of limiting them to one agency per county.

  • Removes the requirement that local redevelopment agencies be named specifically as "[County name] redevelopment agency."

  • Requires all five members of a local redevelopment agency to reside within the boundaries of the specified redevelopment area defined by county council resolution.

  • Designates redevelopment projects carried out by local redevelopment agencies as public works under chapter 104, effective July 1, 2050.

Legislative Description

Director of Finance; General Obligation Bonds; Counties; Urban Redevelopment Act; Agency; Local Agency; Local Redevelopment Agency; Definition; Membership

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

2/19/2016

Committee Referrals

Ways and Means2/19/2016
Public Safety, Intergovernmental and Military Affairs2/4/2016
Housing1/29/2016

Full Bill Text

No bill text available