Bill Text: HI SB2799 | 2014 | Regular Session | Amended
Bill Title: Hawaii Housing Finance and Development Corporation; Executive Director Salary
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2014-04-29 - Recommitted to Conference committee as amended in CD 1 with none voting no and Representative(s) Ito excused. [SB2799 Detail]
Download: Hawaii-2014-SB2799-Amended.html
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THE SENATE |
S.B. NO. |
2799 |
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TWENTY-SEVENTH LEGISLATURE, 2014 |
S.D. 2 |
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STATE OF HAWAII |
H.D. 1 |
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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-2, Hawaii Revised Statutes, is amended to read as follows:
"§201H-2 Hawaii housing finance and development corporation; establishment, staff. (a) There is established the Hawaii housing finance and development corporation to be placed within the department of business, economic development, and tourism for administrative purposes only. The corporation shall be a public body and a body corporate and politic.
(b) The corporation shall employ, exempt from
chapter 76 and section 26-35(a)(4), an executive director and an executive
assistant. The executive director shall be paid a salary [not to exceed
eighty-five per cent of the salary of the director of human resources
development.] set by the board. The executive assistant shall be
paid a salary not to exceed ninety per cent of the executive director's
salary. The corporation may employ, subject to chapter 76, technical experts
and officers, agents, and employees, permanent and temporary, as required. The
corporation may also employ officers, agents, and employees, prescribe their
duties and qualifications, and fix their salaries, not subject to chapter 76,
when in the determination of the corporation, the services to be performed are
unique and essential to the execution of the functions of the corporation. The
corporation may call upon the attorney general for legal services as it may
require. The corporation may delegate to one or more of its agents or
employees its powers and duties as it deems proper.
(c) Notwithstanding any law to the contrary, the board shall consider the option to withhold or alter the benefits package of the executive director in exchange for a salary that exceeds the level of salary received by civil service employees, who are entitled to benefits under chapter 76. The benefits to be considered may include vacation days, sick leave, health insurance, and retirement.
(d) The board shall submit a report to the legislature no later than twenty days prior to the convening of the regular session immediately following each adjustment of the salary of the executive director. The report shall include whether the board exercised its option to withhold or alter the benefits package of the executive director under subsection (c) and provide its rationale for its decision to maintain or adjust the executive director's benefits package."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2114.
Report Title:
Hawaii Housing Finance and Development Corporation; Executive Director Salary
Description:
Authorizes the Hawaii Housing Finance and Development Corporation Board of Directors to set the salary of the Hawaii Housing Finance and Development Corporation Executive Director. Requires the Board to consider altering the Executive Director's benefits package in exchange for a salary that exceeds the salary level of civil service employees. Effective July 1, 2114. (SB2799 HD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
