Hawaii Senate Bill 2339 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 19 2024 - 25% progression, died in committee
Action: 2024-01-19 - Referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Allows HHFDC or a county to establish a bond recycling program authorized by federal law. Allows HHFDC or a county to secure a line of credit or other instrument of indebtedness for the bond recycling program. Allows the Department of Budget and Finance and HHFDC to enter into an agreement with a county for bond recycling. Requires a county or issuer to submit a report to the Department of Budget and Finance and HHFDC on the status or use of its portion of the volume cap that is being recycled. Requires a reserve to be maintained for the unsecured portion of debt incurred for the bond recycling program and establishes a reserve for HHFDC as a subaccount of the rental housing revolving fund.

Relating To State Finances.

Sen. Troy Hashimoto [D]	Sen. Henry Aquino [D]	Sen. Stanley Chang [D]	Sen. Michelle Kidani [D]
Sen. Sharon Moriwaki [D]	Sen. Joy San Buenaventura [D]	Sen. Glenn Wakai [D]

Date	Chamber	Action
2024-01-19	Senate	Referred to WAM.
2024-01-19	Senate	Passed First Reading.
2024-01-19	Senate	Introduced.

HB1760 (Same As) 2024-05-29 - Act 035, 05/28/2024 (Gov. Msg. No. 1135).

Type	Source
Summary	https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2339&year=2024
Text	https://www.capitol.hawaii.gov/sessions/session2024/bills/SB2339_.HTM