Bill Text: HI SB1322 | 2022 | Regular Session | Introduced

Hawaii Senate Bill 1322 (Prior Session Legislation)

Introduced

Bill Title: Relating To The Hawaii Housing Finance And Development Corporation.

Spectrum: Partisan Bill (Democrat 10-0)

Status: (Introduced - Dead) 2021-12-10 - Carried over to 2022 Regular Session. [SB1322 Detail]

Download: Hawaii-2022-SB1322-Introduced.html

THE SENATE	S.B. NO.	1322
THIRTY-FIRST LEGISLATURE, 2021
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO the hawaii housing finance and development corporation.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 201H-3, Hawaii Revised Statutes, is amended to read as follows:

"§201H-3 Board; establishment, functions, duties. (a) There is created a board of directors of the Hawaii housing finance and development corporation consisting of nine members, of whom six shall be public members appointed by the governor as provided in section 26-34. At least four of the public members shall have knowledge and expertise in public or private financing and development of affordable housing. Public members shall be appointed from each of the counties of Honolulu, Hawaii, Maui, and Kauai. At least one public member shall represent community advocates for low-income housing, affiliated with private nonprofit organizations that serve the residents of low-income housing. The public members of the board shall serve four-year staggered terms; provided that the initial appointments shall be as follows:

(1) Two members to be appointed for four years;

(2) Two members to be appointed for three years; and

(3) Two members to be appointed for two years.

The director of business, economic development, and tourism and the director of finance, the chairperson of the Hawaiian homes commission, or their designated representatives, and a representative of the governor's office, shall be ex officio[,] voting members. The corporation shall be headed by the board.

(b) The board of directors shall select a chairperson and vice chairperson from among its members; provided that the chairperson shall be a public member. The director of business, economic development, and tourism, director of finance, chairperson of the Hawaiian homes commission and the governor's representative shall be ineligible to serve as chairperson of the board.

(c) [~~Five~~] Six members shall constitute a quorum, whose affirmative vote shall be necessary for all actions by the corporation. The members shall receive no compensation for services, but shall be entitled to necessary expenses, including travel expenses, incurred in the performance of their duties."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:	_____________________________

Report Title:

Department of Hawaiian Home Lands; Hawaii Housing Finance and Development Corporation

Description:

Designates a seat for the Department of Hawaiian Home Lands on the board of the Hawaii Housing Finance and Development Corporation.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.