HI HB1761

Authorizes the Hawaii Housing and Finance Development Corporation (HHFDC) to issue bonds to finance infrastructure for housing projects, including infrastructure improvement districts.

Expands bond security provisions to include revenue from infrastructure for housing projects and allows pledging of infrastructure improvement districts as collateral.

Exempts bonds issued by HHFDC for improvements financed through assessments and their interest from state, county, and municipal taxation (except inheritance, transfer, and estate taxes).

Adds proceeds from regional state infrastructure project bonds as a revenue source for regional state infrastructure subaccounts.

Authorizes regional state infrastructure subaccount revenues to be used to repay bond holders of regional state infrastructure projects in addition to private investors.