Bill Text: HI SB187 | 2010 | Regular Session | Amended

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Bill Title: Affordable Housing; Infrastructure; General Obligation Bonds

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [SB187 Detail]

Download: Hawaii-2010-SB187-Amended.html

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STAND. COM. REP. NO. 52

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 187

       S.D. 1

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Madam:

 

     Your Committee on Education and Housing, to which was referred S.B. No. 187 entitled:

 

"A BILL FOR AN ACT AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING AN APPROPRIATION FOR AFFORDABLE HOUSING,"

 

begs leave to report as follows:

 

     The purpose of this measure is to authorize the issuance of general obligation bonds for infrastructure to build affordable housing.

 

     Testimony in support of this measure was submitted by one county agency and one private organization.  One state agency submitted testimony in opposition.

 

     Your Committee finds that one of the greatest obstacles to the development of affordable housing is the financing of required infrastructure and this measure will assist in providing an additional source of funding.

 

     Your Committee has amended this measure to make a technical, nonsubstantive amendment.

 

     As affirmed by the record of votes of the members of your Committee on Education and Housing that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 187, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 187, S.D. 1, and be referred to the Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committee on Education and Housing,

 

		____________________________ NORMAN SAKAMOTO, Chair