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HI SB1387
Bill
Status
1/24/2019
Primary Sponsor
Gil Riviere
Click for details
AI Summary
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Appropriates funds to the Hawaii Housing Finance and Development Corporation for low-interest home construction and home improvement loans up to a specified amount per lease for Ahupuaa o Kahana State Park residential leaseholders.
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Loan recipients must not be in arrears or default on existing loans and must be current on required service hours for the previous six months.
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Funds are appropriated for fiscal years 2019-2020 and 2020-2021, with moneys deposited into the housing finance revolving fund.
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Any appropriated funds unexpended or unencumbered as of June 30, 2023, shall be transferred to the general fund.
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The Act takes effect on July 1, 2050.
Legislative Description
Relating To Ahupuaa o Kahana State Park.
Appropriation ($)
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/15/2019