THE SENATE

S.B. NO.

2799

TWENTY-SEVENTH LEGISLATURE, 2014

S.D. 2

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-2, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:

     "(b)  The corporation shall employ, exempt from chapter 76 and section 26-35(a)(4), an executive director and an executive assistant.  The executive director shall be paid a salary [not to exceed eighty-five per cent of the salary of the director of human resources development.] set by the board; provided that the salary does not exceed $          .  The executive assistant shall be paid a salary not to exceed ninety per cent of the executive director's salary.  The corporation may employ, subject to chapter 76, technical experts and officers, agents, and employees, permanent and temporary, as required.  The corporation may also employ officers, agents, and employees, prescribe their duties and qualifications, and fix their salaries, not subject to chapter 76, when in the determination of the corporation, the services to be performed are unique and essential to the execution of the functions of the corporation.  The corporation may call upon the attorney general for legal services as it may require.  The corporation may delegate to one or more of its agents or employees its powers and duties as it deems proper."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on July 1, 2050.

 

 

Report Title:

Hawaii Housing Finance and Development Corporation; Executive Director Salary

 

Description:

Authorizes the Hawaii Housing Finance and Development Corporation Board of Directors to set the salary of the Hawaii Housing Finance and Development Corporation Executive Director; provided that the salary does not exceed a specified amount.  Effective 7/1/2050.  (SD2)

 

 

 

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