HOUSE OF REPRESENTATIVES |
H.B. NO. |
606 |
THIRTY-FIRST LEGISLATURE, 2021 |
H.D. 1 |
|
STATE OF HAWAII |
|
|
|
|
|
|
||
|
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.