CHAPTER 39B

ALLOCATION OF PRIVATE ACTIVITY BONDS

Section

    39B-1 Definitions

    39B-2 Allocation of annual state ceiling

    39B-3 Application of allocation

    39B-4 Report of unused allocation; reversion to State

    39B-5 Semi-annual report status or use of allocation

Note

  L 2022, c 182, §§4, 5 provide:

  "SECTION 4. Unless requested by the governor and approved by the legislature, no special purpose revenue bonds requiring an allocation of annual state ceiling under section 39B-2, Hawaii Revised Statutes, shall be authorized after June 30, 2022 and before December 31, 2028.

  SECTION 5. Any allocation of the annual state ceiling under section 39B-2, Hawaii Revised Statutes, to a county with a population of over five hundred thousand after June 30, 2022, or before December 31, 2028, shall only [be] used for rental housing projects eligible for the low-income housing tax credit under section 235-110.8, Hawaii Revised Statutes."

Revision Note

  This chapter was originally assigned to chapter 39A but is renumbered pursuant to §23G-15(1).