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HI HB1808
Bill
Status
3/5/2024
Primary Sponsor
Kyle Yamashita
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AI Summary
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Expands county powers to match those of the Hawaii Housing Finance and Development Corporation for developing, constructing, financing, refinancing, and providing mixed-use developments and low- and moderate-income housing projects.
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Allows counties to issue bonds to finance these housing and mixed-use development projects, with the same general excise tax exemptions as state corporation projects.
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Defines "mixed-use development" by reference to section 201H-12(a) and "low- and moderate-income housing project" by reference to section 39A-281.
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Applies to county bond proceeds expended after December 31, 2023, with an effective date of July 1, 3000.
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Sunsets on June 30, 2028, at which time the prior version of section 46-15.1 shall be reenacted.
Legislative Description
Relating To Housing.
Housing
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
3/15/2024