Hawaii Senate Bill 1256 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2023-01-30 - Referred to PSM, WAM.
Pending: Senate Public Safety, Intergovernmental and Military Affairs Committee
Text: Latest bill text (Introduced) [HTML]

Requires counties with a private activity bond issuance program to exhaust their allotment before applying to the State for the state allocation. Requires a project to first apply to the county in which the project is located, if the county has a private activity bond issuance program, before applying to the State. Requires the State, if it receives a county allocation, to award that same amount to benefit that county. Requires the department of budget and finance to indicate to the Hawaii housing finance and development corporation any county amount of unused or unassigned allocation. Effective 7/2/2023.

Relating To Bonds.

Sen. Stanley Chang [D]

Date	Chamber	Action
2023-01-30	Senate	Referred to PSM, WAM.
2023-01-25	Senate	Passed First Reading.
2023-01-25	Senate	Introduced.

SB1256 (Carry Over) 2023-01-30 - Referred to PSM, WAM.
HB923 (Same As) 2023-07-12 - Became law without the Governor's signature, Act 262, 07/11/2023, (Gov. Msg. No. 1376).

Type	Source
Summary	https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1256&year=2023
Text	https://www.capitol.hawaii.gov/sessions/session2023/bills/SB1256_.HTM