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 of the Hawaii Housing Finance and Development Corporation (HHFDC) Board of Directors. Specifically, the bill adds the Chairperson of the Hawaiian Homes Commission as a new ex officio voting member, expanding the board from nine to ten members. The board will now include public members appointed by the governor, the director of business, economic development, and tourism, the director of finance, the Chairperson of the Hawaiian Homes Commission, and a representative of the governor's office. The bill also increases the quorum requirement from five to six members, meaning six board members must be present to take official actions. The legislation is motivated by the similar affordable housing missions of the HHFDC and the Department of Hawaiian Home Lands, with the goal of aligning housing priorities and ensuring continued benefits for Hawaii's residents. The changes aim to provide more comprehensive representation and expertise on the board, particularly in addressing affordable housing needs across different counties and communities.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (5)

Last Action

Report adopted; Passed Second Reading and referred to WAM. (on 02/13/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...