Bill Text: HI SB918 | 2015 | Regular Session | Introduced
Bill Title: Hawaii Housing Finance and Development Corporation; Board Members
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Introduced - Dead) 2015-02-02 - The committee on HSH deferred the measure. [SB918 Detail]
Download: Hawaii-2015-SB918-Introduced.html
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THE SENATE |
S.B. NO. |
918 |
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TWENTY-EIGHTH LEGISLATURE, 2015 |
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STATE OF HAWAII |
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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-3, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is created a board of
directors of the Hawaii housing finance and development corporation consisting
of nine members, of whom six shall be public members appointed by the governor
as provided in section 26-34. [At least four of the public members shall
have knowledge and expertise in public or private financing and development of
affordable housing. Public members shall be appointed from each of the counties
of Honolulu, Hawaii, Maui, and Kauai.] Four of the public members shall
be appointed by the governor from a list of three nominees submitted for each
position by each of the county councils of Honolulu, Hawaii, Maui, and Kauai;
provided that each nominee submitted by the county councils shall have
knowledge and expertise in public or private financing and development of
affordable housing. At least one public member shall represent community
advocates for low-income housing, affiliated with private nonprofit
organizations that serve the residents of low-income housing. The public
members of the board shall serve four-year staggered terms; provided that the
initial appointments shall be as follows:
(1) Two members to be appointed for four years;
(2) Two members to be appointed for three years; and
(3) Two members to be appointed for two years.
The director of
business, economic development, and tourism and the director of finance, or
their designated representatives, and a representative of the governor's
office, shall be ex officio[[,]] voting members. The corporation shall
be headed by the board."
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 Statutory material to be repealed is bracketed and stricken.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, 2015.
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INTRODUCED BY: |
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Report Title:
Hawaii Housing Finance and Development Corporation; Board Members
Description:
Amends the composition of the Hawaii housing finance and development corporation board of directors to require that four of the nine voting members shall be public members appointed by the governor and nominated by each county council.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
