HOUSE OF REPRESENTATIVES |
H.B. NO. |
2474 |
TWENTY-NINTH LEGISLATURE, 2018 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE HAWAII PUBLIC HOUSING AUTHORITY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that there is a shortage of affordable rental housing units to accommodate individuals and families who use the section 8 housing choice voucher program for housing assistance. The legislature further finds that many landlords are hesitant to rent their property to section 8 tenants. One of the concerns raised by landlords is the inability to recover the costs of repairing damage to their property when those costs exceed the amount of the security deposit.
The purpose of this Act is to encourage landlords to rent to section 8 tenants by requiring the Hawaii public housing authority to establish a program that offers dwelling insurance policies for landlords renting to section 8 tenants.
SECTION 2. (a) The Hawaii public housing authority shall establish a program to offer dwelling insurance policies to landlords that rent their property to section 8 tenants beginning January 1, . The Hawaii public housing authority, with the cooperation of the department of commerce and consumer affairs, shall establish the framework for establishing the insurance program pursuant to this Act.
(b) The Hawaii public housing authority shall submit a report of findings and recommendations, including proposed legislation to establish the insurance program required under subsection (a), to the legislature no later than twenty days prior to the convening of the regular session of 2019.
SECTION 3. There is appropriated out of the general revenues of the State of Hawaii the sum of $ or so much thereof as may be necessary for fiscal year 2018-2019 to establish a program that offers dwelling insurance policies to landlords renting their property to section 8 tenants, including positions necessary to administer the program.
The sum appropriated shall be expended by the Hawaii public housing authority for the purposes of this Act.
SECTION 4. This Act shall take effect on January 1, 2050.
Report Title:
Hawaii Public Housing Authority; Section 8 Housing Choice Voucher Program; Insurance; Appropriation
Description:
Requires the Hawaii Public Housing Authority to establish a program to offer insurance policies to landlords who rent to tenants using the Section 8 housing choice voucher program and report to the Legislature. Appropriates funds to establish and administer the insurance program. (HB2474 HD1)
The summary description
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not legislation or evidence of legislative intent.