Bill Text: HI HB606 | 2021 | Regular Session | Amended
Bill Title: Authorizing The Issuance Of General Obligation Bonds For Affordable Housing.
Spectrum: Partisan Bill (Democrat 24-0)
Status: (Engrossed - Dead) 2021-04-19 - Bill scheduled for Conference Committee Meeting on Tuesday, 04-20-21 3:31PM in conference room CR 329. [HB606 Detail]
Download: Hawaii-2021-HB606-Amended.html
HOUSE OF REPRESENTATIVES |
H.B. NO. |
606 |
THIRTY-FIRST LEGISLATURE, 2021 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR AFFORDABLE HOUSING.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The director of finance is authorized to issue general obligation bonds in the sum of $ or so much thereof as may be necessary and the same sum or so much thereof as may be necessary is appropriated for fiscal year 2021-2022 to be deposited into the dwelling unit revolving fund established by section 201H-191, Hawaii Revised Statutes.
SECTION 2. The director of finance is authorized to issue general obligation bonds in the sum of $ or so much thereof as may be necessary and the same sum or so much thereof as may be necessary is appropriated for fiscal year 2021-2022 to be deposited into the rental housing revolving fund established by section 201H-202, Hawaii Revised Statutes.
SECTION 3. This Act shall take effect on July 1, 2050.
Report Title:
General Obligation Bonds; Dwelling Unit Revolving Fund; Rental Housing Revolving Fund
Description:
Authorizes the issuance of general obligation bonds with the funds to be deposited into the dwelling unit revolving fund and the rental housing revolving fund. Effective 7/1/2050. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.