HI HB2023

Authorizes the director of finance to issue $2,000,000 in general obligation bonds for fiscal year 2022-2023 to support planning and coordination of transit-oriented development projects identified in the state strategic plan.

Appropriates funds to the Department of Business, Economic Development, and Tourism for transit-oriented development projects statewide that promote mixed-use development and affordable housing.

Allows the appropriation to not lapse at the end of the fiscal biennium, with any unencumbered funds lapsing on June 30, 2024.

Addresses the legislature's finding that annual funding requests for transit-oriented development planning have exceeded available funds, with twelve state and county agencies currently utilizing previous appropriations for fourteen projects.

Takes effect on July 1, 2050.