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HI HB2478
Bill
Status
Engrossed
3/6/2026
Primary Sponsor
Luke Evslin
Click for details
AI Summary
- Authorizes each Hawaii county to implement housing infrastructure growth bonds pursuant to Article VII, Section 12 of the state constitution
- Amends county debt limit statutes to include housing infrastructure growth bonds in definitions and reporting requirements alongside general obligation bonds, revenue bonds, and special purpose revenue bonds
- Requires county finance directors to itemize housing infrastructure growth bonds in annual debt summaries and supplemental determinations when issuing new bonds
- Allows counties to exclude housing infrastructure growth bonds from funded debt calculations under specific constitutional clauses when determining debt limits
- Effective July 1, 3000, contingent upon ratification of a constitutional amendment authorizing counties to issue housing infrastructure growth bonds and excluding them from county funded debt determinations
Legislative Description
Relating To Bonds.
Counties
Last Action
Referred to EIG, WAM.
3/10/2026
Committee Referrals
Energy and Intergovernmental Affairs3/10/2026
Finance2/17/2026
Housing2/2/2026
Full Bill Text
No bill text available