STAND. COM. REP. NO. 122-04
Honolulu, Hawaii
, 2004
RE: H.B. No. 2181
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2004
State of Hawaii
Sir:
Your Committee on Human Services and Housing, to which was referred H.B. No. 2181 entitled:
"A BILL FOR AN ACT RELATING TO HOUSING FINANCING PROGRAMS,"
begs leave to report as follows:
The purpose of this bill is to remove the limit on the amount of bonds authorized to be issued by the Housing and Community Development Corporation of Hawaii (HCDCH) in connection with any program to provide housing for active or retired United States military personnel, their families, and other authorized persons.
HCDCH opposed this measure. The Department of Budget and Finance submitted comments.
Your Committee notes that HCDCH, while supportive of providing adequate housing to military personnel, is concerned about constitutional issues pertaining to bond authorization limits.
Accordingly, your Committee has amended this bill by:
(1) Imposing a $2,000,000,000 limit on the bond authorization ceiling; and
(2) Making technical, nonsubstantive amendments for purposes of clarity and style.
As affirmed by the record of votes of the members of your Committee on Human Services and Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2181, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2181, H.D. 1, and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Human Services and Housing,
____________________________ MICHAEL PUAMAMO KAHIKINA, Chair |
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