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HI HB1808

Bill

Status

Engrossed

3/5/2024

Primary Sponsor

Kyle Yamashita

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • 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.

  • 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.

  • Defines "mixed-use development" by reference to section 201H-12(a) and "low- and moderate-income housing project" by reference to section 39A-281.

  • Applies to county bond proceeds expended after December 31, 2023, with an effective date of July 1, 3000.

  • 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

Committee Referrals

Ways and Means3/15/2024
Housing3/7/2024
Finance1/24/2024

Full Bill Text

No bill text available