THE SENATE S.B. NO. 771 THIRTY-THIRD LEGISLATURE, 2025 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:
THE SENATE S.B. NO. 771
THIRTY-THIRD LEGISLATURE, 2025
STATE OF HAWAII
THE SENATE
S.B. NO.
771
THIRTY-THIRD LEGISLATURE, 2025
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 by amending subsection (b) to read as follows: "(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, and the governor's representative shall be ineligible to serve as chairperson of the board]." SECTION 2. Statutory material to be repealed is bracketed and stricken. SECTION 3. This Act shall take effect upon its approval. INTRODUCED BY: _____________________________
SECTION 1. Section 201H-3, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(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, and the governor's representative shall be ineligible to serve as chairperson of the board]."
SECTION 2. Statutory material to be repealed is bracketed and stricken.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: _____________________________
INTRODUCED BY:
_____________________________
Report Title: HHFDC; Board of Directors; Membership; Chairperson; Eligibility Description: Repeals the requirement that the Chairperson of the Hawaii Housing Finance and Development Corporation Board of Directors be a public member. Repeals the prohibition that certain ex officio board members shall not be eligible to serve as Chairperson of the HHFDC Board of Directors. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
Report Title:
HHFDC; Board of Directors; Membership; Chairperson; Eligibility
Description:
Repeals the requirement that the Chairperson of the Hawaii Housing Finance and Development Corporation Board of Directors be a public member. Repeals the prohibition that certain ex officio board members shall not be eligible to serve as Chairperson of the HHFDC Board of Directors.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.