HOUSE OF REPRESENTATIVES
THE THIRTY-SECOND LEGISLATURE
REGULAR SESSION OF 2024
Rep. Luke A. Evslin, Chair |
Rep. Micah P.K. Aiu, Vice Chair |
Rep. Darius K. Kila |
Rep. Richard H.K. Onishi |
Rep. Lisa Kitagawa |
Rep. Chris Todd |
Rep. Tyson K. Miyake |
Rep. Lauren Matsumoto |
NOTICE OF HEARING
DATE: |
Friday, February 2, 2024 |
TIME: |
10:00 a.m. |
PLACE: |
VIA VIDEOCONFERENCE Conference Room 312 State Capitol 415 South Beretania Street |
Click here to submit testimony and to testify remotely or in person.
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Click here for the live stream of this meeting via YouTube.
A G E N D A
RELATING TO STATE FINANCES. Allows HHFDC or a county to establish a bond recycling program authorized by federal law. Allows HHFDC or a county to secure a line of credit or other instrument of indebtedness for the bond recycling program. Allows the Department of Budget and Finance and HHFDC to enter into an agreement with a county for bond recycling. Requires a county or issuer to submit a report to the Department of Budget and Finance and HHFDC on the status or use of its portion of the volume cap that is being recycled. Requires a reserve to be maintained for the unsecured portion of debt incurred for the bond recycling program and establishes a reserve for HHFDC as a subaccount of the rental housing revolving fund.
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HSG, FIN |
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RELATING TO HOUSING. Authorizes HHFDC to issue bonds for housing project infrastructure and finance the development of regional state infrastructure projects. Exempts bonds issued by HHFDC for improvements by assessments, and the interest thereon, from state, county, and municipal taxation, with certain exceptions. Includes proceeds from bonds issued for regional state infrastructure projects as a source of revenue for regional state infrastructure subaccounts. Authorizes regional state infrastructure subaccount revenues to be used to repay regional state infrastructure project bond holders.
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HSG, FIN |
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RELATING TO TEACHER HOUSING. Establishes the Teacher Home Assistance Program to be administered by the Hawaii Housing Finance and Development Corporation to provide housing vouchers to certain teachers who are employed by the Department of Education and commit to teach at hard-to-fill schools and charter schools for no less than 5 years. Appropriates moneys. Declares that the appropriation exceeds the state general fund expenditure ceiling for 2024-2025.
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HSG, EDN, FIN |
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RELATING TO THE RENTAL HOUSING REVOLVING FUND. Appropriates funds into and out of the rental housing revolving fund to provide loans or grants for mixed-income rental projects or units in mixed-income rental projects for qualifying individuals and families. Appropriates funds for an unspecified number of finance specialist positions to assist with these loans and grants.
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HSG, FIN |
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RELATING TO AFFORDABLE HOUSING DEVELOPMENT. Appropriates funds to the Hawaii Housing Finance and Development Corporation for the establishment and hiring of an unspecified number of project management III positions to aid in the development of affordable housing options in the State.
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HSG, FIN |
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RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION. Repeals the Hawaii Housing Finance and Development Corporation's Homebuyers' Club Program.
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HSG, FIN |
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RELATING TO HOUSING. Extends the Hawaii Housing Finance and Development Corporation approval and certification period in which construction or rehabilitation of certain projects under section 201H-36(a)(5), HRS, can qualify for general excise tax (GET) exemption and repeals the limitation of the costs to contracting, including repealing the $30,000,000 annual cap on allowable GET and use tax costs applicable to contracting under section 201H-36(a)(5), HRS. Repeals the provision prohibiting qualified persons or firms from receiving direct or indirect financing for construction projects from any governmental contracting agency, including HHFDC, as a condition of the section 201H-36(a)(5), HRS, prevailing wage terms.
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HSG, FIN |
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RELATING TO AFFORDABLE HOUSING. Establishes the accessory dwelling unit grant program under the Hawaii Housing Finance and Development Corporation to provide grants to eligible homeowners for development costs and certain closing costs associated with the construction of an accessory dwelling unit. Establishes and appropriates funds into and out of the accessory dwelling unit grant revolving fund.
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HSG, FIN |
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RELATING TO EVICTION MEDIATION. Beginning 11/1/2024, extends the period for a notice of termination of a rental agreement; requires landlords to engage in mediation and delay filing an action for summary possession if a tenant schedules or attempts to schedule mediation; and requires landlords to provide specific information in the 10-calendar-day notice to tenants. Repeals 11/1/2026. Appropriates moneys. Declares that the appropriation exceeds the state general fund expenditure ceiling for 2024-2025.
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HSG, CPC, FIN |
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DECISION MAKING TO FOLLOW
Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing. Testimony received after this time will be stamped late and left to the discretion of the chair to consider. While every effort will be made to incorporate all testimony received, materials received on the day of the hearing or improperly identified or directed, may not be processed.
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FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are bolded.
For more information, please contact the Committee Clerk at (808) 586-6270
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________________________________________ Rep. Luke A. Evslin Chair |
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