HI SB858 | 2024 | Regular Session

Note: Carry Over of previous SB858

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Requires the Hawaii Housing Finance and Development Corporation to: prioritize the allocation of low-income housing tax credits to state-owned development projects; amend the Low-Income Housing Tax Credit Qualified Allocation Plan to allow up to twenty per cent of the maximum one hundred twenty points on the application criteria point system to be allocated to projects offering to convey ownership of the completed project to the State or an organization obliged to use all financial surpluses generated by the project to construct more housing; not award additional points for developer fees that are under twelve per cent; and prioritize applicants who have demonstrated accelerated full repayment into the rental housing revolving fund of past rental housing revolving fund loans. (SD1)

Tracking Information

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Title

Relating To Housing.

Sponsors


Roll Calls

2023-02-02 - Senate - Senate Housing: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2023-12-11 Carried over to 2024 Regular Session.
2023-02-15SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2023-02-15SenateReported from HOU (Stand. Com. Rep. No. 312) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2023-02-02SenateThe committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Kanuha, Aquino, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Rhoads.
2023-01-27SenateThe committee(s) on HOU has scheduled a public hearing on 02-02-23 1:00PM; Conference Room 225 & Videoconference.
2023-01-27SenateReferred to HOU, WAM.
2023-01-23SenatePassed First Reading.
2023-01-20SenateIntroduced.

Same As/Similar To

SB858 (Carry Over) 2023-02-15 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

Subjects


Hawaii State Sources


Bill Comments

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