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HI HB1185
Bill
Status
1/25/2023
Primary Sponsor
Nadine Nakamura
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AI Summary
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Authorizes the director of finance to issue general obligation bonds for statewide planning and coordination of transit-oriented development projects identified in the state strategic plan
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Appropriates bond funds for fiscal year 2023-2024 to the Department of Business, Economic Development, and Tourism for planning of state and county transit-oriented development projects
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Establishes that appropriated funds shall not lapse at the end of the fiscal biennium, with all unencumbered moneys lapsing on June 30, 2026
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Finds that mixed-use development and affordable housing in transit-oriented development areas stimulate economic development and address affordable housing needs statewide
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Recognizes that thirteen state and county agencies have used previous appropriations to catalyze planning of twenty projects, with annual funding requests exceeding available funds
Legislative Description
Relating To Transit-oriented Development.
Appropriation ($)
Last Action
Carried over to 2024 Regular Session.
12/11/2023