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HI SB2337

Bill

Status

Passed

5/31/2024

Primary Sponsor

Troy Hashimoto

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Expands county powers to exercise the same authorities as the Hawaii Housing Finance and Development Corporation for developing, constructing, financing, refinancing, or providing mixed-use developments and low- and moderate-income housing projects.

  • Allows counties to issue bonds for mixed-use development and housing projects, subject to the same tax exemptions as HHFDC projects under section 201H-36.

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

  • Applies to bond proceeds expended by counties after December 31, 2023.

  • Takes effect July 1, 3000, with amendments to section 46-15.1 to be preserved during the statute's reenactment scheduled for July 1, 2030.

Legislative Description

Relating To Housing.

Housing

Last Action

Act 045, 05/30/2024 (Gov. Msg. No. 1145).

5/31/2024

Committee Referrals

Finance3/20/2024
Housing3/7/2024
Ways and Means2/5/2024
Housing1/19/2024

Full Bill Text

No bill text available