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HI HB529

Bill

Status

Passed

7/1/2025

Primary Sponsor

Tyson Miyake

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Authorizes the Hawaii Housing Finance and Development Corporation (HHFDC) to utilize revenue bonds for obtaining a line of credit or other instruments of indebtedness, not to exceed $300,000,000 during fiscal biennium July 1, 2025 through June 30, 2027.

  • Enables the HHFDC to meet federal tax law requirements under the bond volume cap recycling program per Hawaii Revised Statutes section 39B-2(f).

  • Takes effect upon approval.

Legislative Description

Relating To State Finances.

HHFDC

Last Action

Act 253, on 07/01/2025 (Gov. Msg. No. 1356).

7/1/2025

Committee Referrals

Ways and Means3/17/2025
Housing3/4/2025
Finance2/12/2025
Housing1/21/2025

Full Bill Text

No bill text available