HI HB2112 | 2014 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on January 23 2014 - 25% progression, died in committee
Action: 2014-01-23 - Referred to HSG, CPC, FIN, referral sheet 5
Pending: House Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Directs DCCA to conduct a comprehensive review of relevant state laws to develop legislation to establish the bank of the State of Hawaii. Appropriates funds to conduct the review. Directs the HHFDC to establish and operate an interim purchase program for distressed residential properties encumbered by problematic mortgages until the bank of the State of Hawaii is operational. Establishes minimum percentages of state funds that shall be deposited in the bank of the State of Hawaii.

Tracking Information

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Title

Financial Institutions; State Bank; Hawaii Housing Finance and Development Corporation; Mortgage Foreclosure; Appropriation

Sponsors


History

DateChamberAction
2014-01-23HouseReferred to HSG, CPC, FIN, referral sheet 5
2014-01-23HouseIntroduced and Pass First Reading.
2014-01-21HousePending introduction.

Hawaii State Sources


Bill Comments

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