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HI SB2852

Bill

Official Source

Status

Engrossed

3/3/2020

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Increases the Hula Mae Multifamily Revenue Bond authorization ceiling for the Hawaii Housing Finance and Development Corporation to finance affordable rental housing.

  • Amends Act 291, Session Laws of Hawaii 1980 (as previously amended) by modifying section 11 to raise the aggregate principal amount authorization for revenue bonds, though the specific dollar amount is left blank in the bill text.

  • Authorizes revenue bonds to be issued pursuant to chapter 39 and subpart A of part III of chapter 201H, Hawaii Revised Statutes for housing loan programs related to funding or purchasing eligible project loans.

  • Takes effect on July 1, 2050.

Legislative Description

Relating To The Housing Loan And Mortgage Program.

Housing Loan And Mortgage Program ($)

Last Action

This measure has been deleted from the meeting scheduled on Tuesday 03-17-20 10:40AM in conference room 423.

3/16/2020

Committee Referrals

Housing3/9/2020
Ways and Means2/14/2020
Housing1/28/2020
Commerce, Consumer Protection, and Health1/27/2020

Full Bill Text

No bill text available