Bill

Bill > SB759


HI SB759

HI SB759
Relating To The Hawaii Housing Finance And Development Corporation.


summary

Introduced
01/17/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Adds the Chairperson of the Department of Hawaiian Home Lands, or the Chairperson's designee, to the Hawaii Housing Finance and Development Corporation Board of Directors. Amends quorum requirements for the Hawaii Housing Finance and Development Corporation Board of Directors.

AI Summary

This bill modifies the composition and quorum requirements for the Hawaii Housing Finance and Development Corporation (HHFDC) Board of Directors. Specifically, the bill adds the Chairperson of the Hawaiian Homes Commission as a tenth member of the board, making them an ex officio voting member alongside existing ex officio members from the Department of Business, Economic Development and Tourism and the Department of Finance. The bill also increases the quorum requirement from five to six members, meaning six board members must be present to take official actions. The legislative findings highlight that both the HHFDC and the Department of Hawaiian Home Lands have similar missions of providing affordable housing, particularly for native Hawaiians, which justifies the inclusion of the Hawaiian Homes Commission Chairperson on the board. The bill preserves existing provisions about board member terms, geographical representation, and expertise requirements, while ensuring that the new ex officio member (the Hawaiian Homes Commission Chairperson) cannot serve as board chairperson. The changes aim to better align housing priorities and ensure continued benefits for Hawaii's residents, with the bill taking effect immediately upon approval.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (5)

Last Action

Carried over to 2026 Regular Session. (on 12/08/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...