Bill Text: HI SB86 | 2013 | Regular Session | Amended

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Bill Title: Hawaii Public Housing Authority; Public Housing Agency; Tax Exemption

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Engrossed - Dead) 2013-03-21 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Belatti, Say excused (2). [SB86 Detail]

Download: Hawaii-2013-SB86-Amended.html

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STAND. COM. REP. NO.  1074

 

Honolulu, Hawaii

                , 2013

 

RE:   S.B. No. 86

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Sir:

 

     Your Committee on Housing, to which was referred S.B. No. 86 entitled:

 

"A BILL FOR AN ACT RELATING TO PUBLIC HOUSING,"

 

begs leave to report as follows:

 

     The purpose of this measure is to clarify the law regarding tax exemptions for public housing agencies by:

 

     (1)  Placing the tax exemption provisions for public housing agencies under the laws relating to the Hawaii Public Housing Authority;

 

     (2)  Removing the tax exemption provisions for public housing agencies from the laws relating to the Hawaii Housing Finance and Development Corporation; and

 

(3)  Correcting a technical reference regarding the definition of "public housing agency" pursuant to the United States Housing Act of 1937.

 

     The Hawaii Public Housing Authority testified in support of this measure.  The Hawaii Housing Finance and Development Corporation testified in support of this measure with amendments.  The Tax Foundation of Hawaii provided comments on this measure.

 

     Your Committee has amended this measure by:

 

     (1)  Removing the provision that would repeal language regarding the tax exemption for public housing agencies from the laws relating to the Hawaii Housing Finance and Development Corporation; and

 

     (2)  Changing its effective date to July 1, 2030, to encourage further discussion.

 

     As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 86, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 86, H.D. 1, and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Housing,

 

 

		____________________________ RIDA T.R. CABANILLA, Chair