THE SENATE
                THE TWENTIETH LEGISLATURE
                 REGULAR SESSION OF 1999

    MEASURES DEFERRED TO THURSDAY, FEBRUARY 11, 1999

     COMMITTEE ON GOVERNMENT OPERATIONS AND HOUSING
                        1:30 p.m.
                   Conference Room 224

         DECISION MAKING ON THE FOLLOWING BILLS
            (Deferred from February 4, 1999)

SB 883     RELATING TO HOUSING                               GOH, WAM
           Enables the state finance  director to issue short-
           term floating interest general obligation bonds for
           repair  and  maintenance   of  state  owned  public
           housing. (TAM)

SB 202     AUTHORIZING THE ISSUANCE OF GENERAL               GOH, WAM
           OBLIGATION BONDS AND MAKING AN APPROPRIATION
           FOR THE RENTAL HOUSING TRUST FUND
           Authorizes  $20.0  million  in   G.  O.  bonds  and
           appropriates it to  the  Rental  Housing Trust Fund
           for rental housing. (TAM)

SB 876     RELATING TO RESIDENTIAL LEASE-TO-FEE CONVERSION   GOH, WAM
           Establishes  a  fair   market  value  standard  for
           appraising the value of  the leased fee interest of
           real property to be purchased by a lessee. (TAM)

SB 884     RELATING TO THE FINANCING OF AFFORDABLE HOUSING   GOH, WAM
           Requires  financial  institutions  to  refinance or
           restructure a loan without requalification when the
           prevailing interest  rate  is  1.5%  lower than the
           existing mortgage rate. (TAM)

SB 1069    RELATING TO THE HOUSING LOAN AND MORTGAGE         GOH, WAM
           PROGRAM
           Authorizes the  Housing  and  Community Development
           Corporation of Hawaii to  increase its revenue bond
           authority by $1.0 billion. (MIZUGUCHI BR)

SB 1070    RELATING TO THE HOUSING AND COMMUNITY             GOH, WAM
           DEVELOPMENT CORPORATION OF HAWAII
           Clarifies owner may be  a household member; targets
           rental  housing  for   very  low  income  families.
           (MIZUGUCHI BR)

SB 1519    RELATING TO HOUSING                               GOH, WAM
           Requires assisted housing  development owner who is
           terminating  a  subsidy  contract  or  prepaying  a
           mortgage to provide  one  years  notice to tenants;

 
           gives tenants or  nonprofit opportunity to purchase
           after July 1, 1999. (TAM)

                   No testimony will be accepted.

For further information, please call the committee clerk at 586-6686.