Bill Text: HI HB372 | 2012 | Regular Session | Introduced
Bill Title: Construction Task Force (2010); County Housing Requirements; Temporary Relief
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-12-01 - Carried over to 2012 Regular Session. [HB372 Detail]
Download: Hawaii-2012-HB372-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
372 |
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TWENTY-SIXTH LEGISLATURE, 2011 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to ECONOMIC RECOVERY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Senate Concurrent Resolution No. 132, S.D. 1 (2009), established a task force to determine the economic contributions of the construction industry in Hawaii and to develop a series of proposals for state actions to preserve and create new jobs in the local construction industry. This Act implements one of the task force's proposals in conjunction with the Abercrombie administration's support for state actions to create new jobs in Hawaii's construction industry.
In addition, in 2010, the senate committee on economic development and technology and the house committee on economic revitalization, business, and military affairs convened an informal small business discussion group to address the most critical issues facing the small business sectors within Hawaii's economy. Representatives from the Chamber of Commerce of Hawaii, construction and trades industries, community nonprofits, the agricultural sector, food and restaurant industries, retailing, the science and technology sector, the commercial transportation industry, and interested stakeholders developed a package of bills that address the most pressing problems facing Hawaii's small business community.
The purpose of this Act is to support the findings of the small business working group and the recommendations proposed by the construction industry task force to provide temporary relief from county requirements for affordable and workforce housing to stimulate housing construction statewide.
SECTION 2. Section 46-15.1, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) Any law to the contrary
notwithstanding, any county shall have and may exercise the same powers,
subject to applicable limitations, as those granted the Hawaii housing finance
and development corporation pursuant to chapter 201H insofar as those powers
may be reasonably construed to be exercisable by a county for the purpose of
developing, constructing, and providing low- and moderate-income housing;
provided that no county shall be empowered to cause the State to issue general
obligation bonds to finance a project pursuant to this section; provided
further that county projects shall be granted an exemption from general excise
or receipts taxes in the same manner as projects of the Hawaii housing finance
and development corporation pursuant to section 201H-36; [and] provided
further that section 201H-16 shall not apply to this section unless federal
guidelines specifically provide local governments with that authorization and
the authorization does not conflict with any state laws[.]; and
provided further that the county affordable and workforce housing requirements shall
be reduced by forty per cent. The powers shall include the power, subject
to applicable limitations, to:
(1) Develop and construct dwelling units, alone or in partnership with developers;
(2) Acquire necessary land by lease, purchase, exchange, or eminent domain;
(3) Provide assistance and aid to a public agency or other person in developing and constructing new housing and rehabilitating existing housing for elders of low- and moderate-income, other persons of low- and moderate-income, and persons displaced by any governmental action, by making long-term mortgage or interim construction loans available;
(4) Contract with any eligible bidders to provide for construction of urgently needed housing for persons of low- and moderate-income;
(5) Guarantee the top twenty-five per cent of the principal balance of real property mortgage loans, plus interest thereon, made to qualified borrowers by qualified lenders;
(6) Enter into mortgage guarantee agreements with appropriate officials of any agency or instrumentality of the United States to induce those officials to commit to insure or to insure mortgages under the National Housing Act, as amended;
(7) Make a direct loan to any qualified buyer for the downpayment required by a private lender to be made by the borrower as a condition of obtaining a loan from the private lender in the purchase of residential property;
(8) Provide funds for a share, not to exceed fifty per cent, of the principal amount of a loan made to a qualified borrower by a private lender who is unable otherwise to lend the borrower sufficient funds at reasonable rates in the purchase of residential property; and
(9) Sell or lease completed dwelling units.
For purposes of this section, a limitation is applicable to the extent that it may reasonably be construed to apply to a county."
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval and shall be repealed on December 31, 2016; provided that section 46-15.1(a), Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day before the approval of this Act.
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INTRODUCED BY: |
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Report Title:
Construction Task Force (2010); County Housing Requirements; Temporary Relief
Description:
Granting temporary relief from county housing requirements as recommended by the construction industry task force to stimulate housing construction statewide.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
