Hawaii 2024 Regular Session

Hawaii Senate Bill SB2649 Compare Versions

Only one version of the bill is available at this time.

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1	1	THE SENATE S.B. NO. 2649 THIRTY-SECOND LEGISLATURE, 2024 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:
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3	3	THE SENATE S.B. NO. 2649
4	4	THIRTY-SECOND LEGISLATURE, 2024
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7	7	THE SENATE
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9	9	S.B. NO.
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13	13	THIRTY-SECOND LEGISLATURE, 2024
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17	17	STATE OF HAWAII
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31	31	A BILL FOR AN ACT
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37	37	relating to the Hawaii housing finance and development corporation.
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43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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47	47	SECTION 1. The legislature finds that the Hawaii housing finance and development corporation is tasked with developing and financing low- and moderate-income housing projects and administering homeownership programs. The purpose of this Act is to add the chairperson of the Hawaiian homes commission, or the chairperson's designee, to the board of directors of the Hawaii housing finance and development corporation. SECTION 2. Section 201H-3, Hawaii Revised Statutes, is amended by amending subsections (a) through (c) to read as follows: "(a) There is created a board of directors of the Hawaii housing finance and development corporation consisting of [nine] ten 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[,]; and 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 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 4. This Act shall take effect upon its approval. INTRODUCED BY: _____________________________
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49	49	SECTION 1. The legislature finds that the Hawaii housing finance and development corporation is tasked with developing and financing low- and moderate-income housing projects and administering homeownership programs.
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51	51	The purpose of this Act is to add the chairperson of the Hawaiian homes commission, or the chairperson's designee, to the board of directors of the Hawaii housing finance and development corporation.
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53	53	SECTION 2. Section 201H-3, Hawaii Revised Statutes, is amended by amending subsections (a) through (c) to read as follows:
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55	55	"(a) There is created a board of directors of the Hawaii housing finance and development corporation consisting of [nine] ten 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:
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57	57	(1) Two members to be appointed for four years;
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59	59	(2) Two members to be appointed for three years; and
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61	61	(3) Two members to be appointed for two years.
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63	63	The director of business, economic development, and tourism [and]; the director of finance[,]; and 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.
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65	65	(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.
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67	67	(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."
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69	69	SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
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71	71	SECTION 4. This Act shall take effect upon its approval.
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75	75	INTRODUCED BY: _____________________________
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77	77	INTRODUCED BY:
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85	85	Report Title: HHFDC Board of Directors; Membership; HHC Description: Adds the Chairperson of the Hawaiian Homes Commission or the Chairperson's designee to the Board of Directors 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.
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95	95	HHFDC Board of Directors; Membership; HHC
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99	99	Description:
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101	101	Adds the Chairperson of the Hawaiian Homes Commission or the Chairperson's designee to the Board of Directors of the Hawaii Housing Finance and Development Corporation.
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109	109	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.