STAND. COM. REP. NO. 28-14
Honolulu, Hawaii
, 2014
RE: H.B. No. 1595
H.D. 1
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Seventh State Legislature
Regular Session of 2014
State of Hawaii
Sir:
Your Committee on Housing, to which was referred H.B. No. 1595 entitled:
"A BILL FOR AN ACT RELATING TO LOW-INCOME HOUSING,"
begs leave to report as follows:
Your Committee has amended this measure by:
(1) Specifying that the general obligation bonds to be issued shall be taxable general obligation bonds, to address the concerns raised by the Department of Budget and Finance;
(2) Changing its effective date to July 1, 2525, to encourage further discussion; and
(3) Making technical, nonsubstantive amendments for the purpose of clarity.
As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1595, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1595, H.D. 1, and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Housing,
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____________________________ MARK J. HASHEM, Chair |
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