STAND. COM. REP. NO. 1143-06
Honolulu, Hawaii
, 2006
RE: S.B. No. 2229
S.D. 2
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Sir:
Your Committee on Education, to which was referred S.B. No. 2229, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO TEACHERS' HOUSING,"
begs leave to report as follows:
The purpose of this bill is to recruit and retain teachers in Hawaii by providing teachers with incentives relating to housing.
Among other things, this bill:
(1) Transfers administration of the teachers' housing program from the Housing and Community Development Corporation of Hawaii to the Department of Education (DOE);
(2) Authorizes DOE to make downpayment loans to teachers for the purchase of residential property;
(3) Requires the unexpended balances of the proceeds of general obligation bonds, rental payments for housing from teacher tenants, and repayment of downpayment loans to teachers be deposited in the Teachers' Housing Revolving Fund (Revolving Fund); and
(4) Expands the uses of the Revolving Fund to include the financing and repair of teachers' housing.
The Hawaii State Teachers Association and Hawaii Association of Realtors supported this bill. DOE supported the intent of this measure.
Your Committee has amended this bill by:
(1) Allowing DOE to contract with other agencies or organizations to carry out the provisions of this bill; and
(2) Making technical, nonsubstantive amendments for clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2229, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2229, S.D. 2, H.D. 1, and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Education,
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____________________________ ROY TAKUMI, Chair |
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