SB 576: HHFDC; HPHA; Legislative Reports; Public Housing Special Fund
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2025-04-25
Current Status:
In Progress
(2025-06-03: Act 155, on 06/03/2025 (Gov. Msg. No. 1255).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
What does this bill do?
The bill requires the Hawaii Housing Finance and Development Corporation (HHFDC) and the Hawaii Public Housing Authority (HPHA) to give more detailed annual reports to the legislature, organized by program area and by fund, showing current and planned programs, spending by fund and agent, and an annual financial audit. It also expands what money goes into the HPHA’s Public Housing Special Fund to include funds collected by HPHA agents and by partnerships, and allows the fund to be used for long‑term financing, development and redevelopment of authority projects, and necessary administrative expenses.
The summary is provided by generative AI which can make mistakes. For original language, please view the details in the table below.
Amends the required contents of legislative reports to be submitted by the Hawaii Housing Finance and Development Corporation and Hawaii Public Housing Authority. Amends the scope of moneys to be deposited into and the allowable uses of moneys expended from the Public Housing Special Fund. (CD1)
Amends the required contents of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the allowable uses of moneys expended from the Public Housing Special Fund. Effective 7/1/3000. (HD2)
Amends the required contents of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the purposes of the Public Housing Special Fund. Effective 7/1/2050. (HD1)
Amends the requirements of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the purposes of the public housing special fund. Exempts expenditures of the public housing special fund from appropriation and allotment by the legislature, subject to certain requirements. Effective 7/1/2050. (SD1).
Amends the requirements of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the purposes of the public housing special fund. Exempts expenditures of the public housing special fund from appropriation and allotment by the legislature, subject to certain requirements.
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THE SENATE |
S.B. NO. |
576 |
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THIRTY-THIRD LEGISLATURE, 2025 |
S.D. 1 |
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STATE OF HAWAII |
H.D. 2 |
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C.D. 1 |
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A BILL FOR AN ACT
RELATING TO FINANCIAL ADMINISTRATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 201H-21, Hawaii Revised Statutes, is amended to read as follows:
"[[]§201H-21[]] Duty to make reports. Except as otherwise provided by law, the
corporation shall:
(1) File at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) Report to the state comptroller on moneys deposited in depositories other than the state treasury under section 40-81 and rules adopted thereunder; and
(3) Submit an annual report to the legislature on all corporation program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, which shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures
made in the prior completed fiscal year from each fund and agent established
under this chapter, estimated expenditures anticipated for the current fiscal
year, and projected expenditures for the ensuing fiscal years to be described
in relation to specific projects developed to implement the purposes of any
program [or], fund, or agent established under this
chapter;
(D) A financial audit and report conducted on an annual basis by a certified public accounting firm; and
(E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this [[]chapter[]]."
SECTION 2. Section 356D-20, Hawaii Revised Statutes, is amended to read as follows:
"[[]§356D-20[]] Duty to make reports. Except as otherwise provided by law, the
authority shall be responsible for the following reports:
(1) The authority shall file at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) The authority shall report to the comptroller on moneys deposited in depositories other than the state treasury under section 40-81, and rules adopted thereunder; and
(3) The authority shall submit an annual report to the legislature on all authority program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, that shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures made in the prior completed fiscal year from each fund and agent established under this chapter, estimated expenditures anticipated for the current fiscal year, and projected expenditures for the ensuing fiscal years to be described in relation to specific projects developed to implement the purposes of any program, fund, or agent established under this chapter;
[(A)] (D) A financial audit and report conducted
on an annual basis by a certified public accounting firm; and
[(B)] (E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this chapter."
SECTION 3. Section 356D-28, Hawaii Revised Statutes, is amended to read as follows:
"§356D-28 Public housing special fund. (a) There is established the public housing special fund to be administered by the authority. Notwithstanding section 36-21, the proceeds in the fund shall be used for long-term and other special financings of the authority, the development and redevelopment of authority projects, and for necessary expenses in administering this chapter.
(b) All moneys received and collected by the authority, including moneys received and collected by an agent authorized pursuant to section 356D-10 and moneys received and collected pursuant to a partnership or development agreement authorized pursuant to section 356D-12.5, and all moneys not otherwise pledged, obligated, or required by law to be placed in any other special fund, shall be deposited into the public housing special fund."
SECTION 4. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 5. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 6. This Act shall take effect on July 1, 2025.
Report Title:
HHFDC; HPHA; Legislative Reports; Public Housing Special Fund
Description:
Amends the required contents of legislative reports to be submitted by the Hawaii Housing Finance and Development Corporation and Hawaii Public Housing Authority. Amends the scope of moneys to be deposited into and the allowable uses of moneys expended from the Public Housing Special Fund. (CD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
|
THE SENATE |
S.B. NO. |
576 |
|
THIRTY-THIRD LEGISLATURE, 2025 |
S.D. 1 |
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STATE OF HAWAII |
H.D. 2 |
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A BILL FOR AN ACT
RELATING TO FINANCIAL ADMINISTRATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 201H-21, Hawaii Revised Statutes, is amended to read as follows:
"[[]§201H-21[]] Duty to make reports. Except as otherwise provided by law, the
corporation shall:
(1) File at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) Report to the state comptroller on moneys deposited in depositories other than the state treasury under section 40-81 and rules adopted thereunder; and
(3) Submit an annual report to the legislature on all corporation program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, which shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures
made in the prior completed fiscal year from each fund and agent established
under this chapter, estimated expenditures anticipated for the current fiscal
year, and projected expenditures for the ensuing fiscal years to be described
in relation to specific projects developed to implement the purposes of any
program [or], fund, or agent established under this
chapter;
(D) A financial audit and report conducted on an annual basis by a certified public accounting firm; and
(E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this [[]chapter[]]."
SECTION 2. Section 356D-20, Hawaii Revised Statutes, is amended to read as follows:
"[[]§356D-20[]] Duty to make reports. Except as otherwise provided by law, the
authority shall be responsible for the following reports:
(1) The authority shall file at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) The authority shall report to the comptroller on moneys deposited in depositories other than the state treasury under section 40-81, and rules adopted thereunder; and
(3) The authority shall submit an annual report to the legislature on all authority program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, that shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures made in the prior completed fiscal year from each fund and agent established under this chapter, estimated expenditures anticipated for the current fiscal year, and projected expenditures for the ensuing fiscal years to be described in relation to specific projects developed to implement the purposes of any program, fund, or agent established under this chapter;
[(A)] (D) A financial audit and report conducted
on an annual basis by a certified public accounting firm; and
[(B)] (E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this chapter."
SECTION 3. Section 356D-28, Hawaii Revised Statutes, is amended to read as follows:
"§356D-28 Public housing special fund. (a) There is established the public housing special fund to be administered by the authority. Notwithstanding section 36-21, the proceeds in the fund shall be used for long-term and other special financings of the authority, the development and redevelopment of authority projects, and for necessary expenses in administering this chapter.
(b) All moneys received and collected by the authority, including moneys received and collected by an agent authorized pursuant to section 356D-10 and moneys received and collected pursuant to a partnership or development agreement authorized pursuant to section 356D-12.5, and all moneys not otherwise pledged, obligated, or required by law to be placed in any other special fund, shall be deposited into the public housing special fund."
SECTION 4. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 5. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 6. This Act shall take effect on July 1, 3000.
Report Title:
HPHA; HHFDC; Legislative Reports; Public Housing Special Fund
Description:
Amends the required contents of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the allowable uses of moneys expended from the Public Housing Special Fund. Effective 7/1/3000. (HD2)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
|
THE SENATE |
S.B. NO. |
576 |
|
THIRTY-THIRD LEGISLATURE, 2025 |
S.D. 1 |
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STATE OF HAWAII |
H.D. 1 |
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|
|
|
|
|
||
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|
||
A BILL FOR AN ACT
RELATING TO FINANCIAL ADMINISTRATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 201H-21, Hawaii Revised Statutes, is amended to read as follows:
"[[]§201H-21[]] Duty to make reports. Except as otherwise provided by law, the
corporation shall:
(1) File at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) Report to the state comptroller on moneys deposited in depositories other than the state treasury under section 40-81 and rules adopted thereunder; and
(3) Submit an annual report to the legislature on all corporation program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, which shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures
made in the prior completed fiscal year from each fund and agent established
under this chapter, estimated expenditures anticipated for the current fiscal
year, and projected expenditures for the ensuing fiscal years to be described
in relation to specific projects developed to implement the purposes of any
program [or], fund, or agent established under this
chapter;
(D) A financial audit and report conducted on an annual basis by a certified public accounting firm; and
(E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this [[]chapter[]]."
SECTION 2. Section 356D-20, Hawaii Revised Statutes, is amended to read as follows:
"[[]§356D-20[]] Duty to make reports. Except as otherwise provided by law, the
authority shall be responsible for the following reports:
(1) The authority shall file at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) The authority shall report to the comptroller on moneys deposited in depositories other than the state treasury under section 40-81, and rules adopted thereunder; and
(3) The authority shall submit an annual report to the legislature on all authority program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, that shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures made in the prior completed fiscal year from each fund and agent established under this chapter, estimated expenditures anticipated for the current fiscal year, and projected expenditures for the ensuing fiscal years to be described in relation to specific projects developed to implement the purposes of any program, fund, or agent established under this chapter;
[(A)] (D) A financial audit and report conducted
on an annual basis by a certified public accounting firm; and
[(B)] (E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this chapter."
SECTION 3. Section 356D-28, Hawaii Revised Statutes, is amended to read as follows:
"§356D-28 Public housing special fund. (a) There is established the public housing special fund to be administered by the authority. Notwithstanding section 36-21, the proceeds in the fund shall be used for long-term and other special financings of the authority, the development and redevelopment of authority projects, and for necessary expenses in administering this chapter.
(b) All moneys received and collected by the authority, including moneys received and collected by an agent authorized pursuant to section 356D-10 and moneys received and collected pursuant to a partnership or development agreement authorized pursuant to section 356D-12.5, and all moneys not otherwise pledged, obligated, or required by law to be placed in any other special fund, shall be deposited into the public housing special fund."
SECTION 4. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 5. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 6. This Act shall take effect on July 1, 2050.
Report Title:
HPHA; HHFDC; Legislative Reports; Public Housing Special Fund
Description:
Amends the required contents of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the purposes of the Public Housing Special Fund. Effective 7/1/2050. (HD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
|
THE SENATE |
S.B. NO. |
576 |
|
THIRTY-THIRD LEGISLATURE, 2025 |
S.D. 1 |
|
|
STATE OF HAWAII |
|
|
|
|
|
|
|
|
||
|
|
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A BILL FOR AN ACT
RELATING TO FINANCIAL ADMINISTRATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"§356D- Expenditures of the public housing special fund exempt from appropriation and allotment. Except as to administrative expenditures, and except as otherwise provided by law, expenditures from the public housing special fund administered by the authority under section 356D-28 may be made by the authority without appropriation or allotment by the legislature; provided that no expenditure shall be made from and no obligation shall be incurred against the public housing special fund in excess of the amount standing to the credit of the fund or for any purpose for which the fund may not lawfully be expended. Nothing in sections 37-31 to 37-41 shall require the proceeds of the public housing special fund identified in section 356D-28 to be reappropriated annually."
SECTION 2. Section 201H-21, Hawaii Revised Statutes, is amended to read as follows:
"[[]§201H-21[]] Duty to make reports. Except as otherwise provided by law, the
corporation shall:
(1) File at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) Report to the state comptroller on moneys deposited in depositories other than the state treasury under section 40-81 and rules adopted thereunder; and
(3) Submit an annual report to the legislature on all corporation program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, which shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures
made in the prior completed fiscal year from each fund and agent established
under this chapter, estimated expenditures anticipated for the current fiscal
year, and projected expenditures for the ensuing fiscal years to be described
in relation to specific projects developed to implement the purposes of any
program [or], fund, or agent established under this
chapter;
(D) A financial audit and report conducted on an annual basis by a certified public accounting firm; and
(E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this [[]chapter[]]."
SECTION 3. Section 356D-20, Hawaii Revised Statutes, is amended to read as follows:
"[[]§356D-20[]] Duty to make reports. Except as otherwise provided by law, the
authority shall be responsible for the following reports:
(1) The authority shall file at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) The authority shall report to the comptroller on moneys deposited in depositories other than the state treasury under section 40-81, and rules adopted thereunder; and
(3) The authority shall submit an annual report to the legislature on all authority program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, that shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures made in the prior completed fiscal year from each fund and agent established under this chapter, estimated expenditures anticipated for the current fiscal year, and projected expenditures for the ensuing fiscal years to be described in relation to specific projects developed to implement the purposes of any program, fund, or agent established under this chapter;
[(A)] (D) A financial audit and report conducted
on an annual basis by a certified public accounting firm; and
[(B)] (E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this chapter."
SECTION 4. Section 356D-28, Hawaii Revised Statutes, is amended to read as follows:
"§356D-28 Public housing special fund. (a) There is established the public housing special fund to be administered by the authority. Notwithstanding section 36-21, the proceeds in the fund shall be used for long-term and other special financings of the authority, the development and redevelopment of authority projects, and for necessary expenses in administering this chapter.
(b) All moneys received and collected by the authority, including moneys received and collected by an agent authorized pursuant to section 356D-10 and moneys received and collected pursuant to a partnership or development agreement authorized pursuant to section 356D-12.5, and all moneys not otherwise pledged, obligated, or required by law to be placed in any other special fund, shall be deposited into the public housing special fund."
SECTION 5. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 6. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 7. This Act shall take effect on July 1, 2050.
Report Title:
HPHA; HHFDC; Reports; Public Housing Special Fund
Description:
Amends the requirements of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the purposes of the public housing special fund. Exempts expenditures of the public housing special fund from appropriation and allotment by the legislature, subject to certain requirements. Effective 7/1/2050. (SD1).
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
|
THE SENATE |
S.B. NO. |
576 |
|
THIRTY-THIRD LEGISLATURE, 2025 |
|
|
|
STATE OF HAWAII |
|
|
|
|
|
|
|
|
||
|
|
||
A BILL FOR AN ACT
RELATING TO FINANCIAL ADMINISTRATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"§356D- Expenditures of the public housing special fund exempt from appropriation and allotment. Except as to administrative expenditures, and except as otherwise provided by law, expenditures from the public housing special fund administered by the authority under section 356D-28 may be made by the authority without appropriation or allotment by the legislature; provided that no expenditure shall be made from and no obligation shall be incurred against the public housing special fund in excess of the amount standing to the credit of the fund or for any purpose for which the fund may not lawfully be expended. Nothing in sections 37-31 to 37-41 shall require the proceeds of the public housing special fund identified in section 356D-28 to be reappropriated annually."
SECTION 2. Section 201H-21, Hawaii Revised Statutes, is amended to read as follows:
"[[]§201H-21[]] Duty to make reports. Except as otherwise provided by law, the
corporation shall:
(1) File at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) Report to the state comptroller on moneys deposited in depositories other than the state treasury under section 40-81 and rules adopted thereunder; and
(3) Submit an annual report to the legislature on all corporation program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, which shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures
made in the prior completed fiscal year from each fund and agent established
under this chapter, estimated expenditures anticipated for the current fiscal
year, and projected expenditures for the ensuing fiscal years to be described
in relation to specific projects developed to implement the purposes of any
program [or], fund, or agent established under this
chapter;
(D) A financial audit and report conducted on an annual basis by a certified public accounting firm; and
(E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this [[]chapter[]]."
SECTION 3. Section 356D-20, Hawaii Revised Statutes, is amended to read as follows:
"[[]§356D-20[]] Duty to make reports. Except as otherwise provided by law, the
authority shall be responsible for the following reports:
(1) The authority shall file at least once a year with the governor a report of its activities for the preceding fiscal year;
(2) The authority shall report to the comptroller on moneys deposited in depositories other than the state treasury under section 40-81, and rules adopted thereunder; and
(3) The authority shall submit an annual report to the legislature on all authority program areas and funds organized by program area, and by fund within each program area, no later than twenty days prior to the convening of each regular session, that shall provide the following information on the status of its programs and finances:
(A) A description of programs being developed in the current fiscal biennium, including a summary listing of the programs, the status of each program, the methods of project financing or loans, and other information deemed significant;
(B) A description of programs planned for development during the two ensuing fiscal bienniums, including a summary listing of the proposed programs, the methods of project financing or loans, and other information deemed significant;
(C) A status report of actual expenditures made in the prior completed fiscal year from each fund and agent established under this chapter, estimated expenditures anticipated for the current fiscal year, and projected expenditures for the ensuing fiscal years to be described in relation to specific projects developed to implement the purposes of any program, fund, or agent established under this chapter;
[(A)] (D) A financial audit and report conducted
on an annual basis by a certified public accounting firm; and
[(B)] (E) Recommendations with reference to any
additional legislation or other action that may be necessary to carry out the
purposes of this chapter."
SECTION 4. Section 356D-28, Hawaii Revised Statutes, is amended to read as follows:
"§356D-28 Public housing special fund. (a) There is established the public housing special fund to be administered by the authority. Notwithstanding section 36-21, the proceeds in the fund shall be used for long-term and other special financings of the authority, the development and redevelopment of authority projects, and for necessary expenses in administering this chapter.
(b) All moneys received and collected by the authority, including moneys received and collected by an agent authorized pursuant to section 356D-10 and moneys received and collected pursuant to a partnership or development agreement authorized pursuant to section 356D-12.5, and all moneys not otherwise pledged, obligated, or required by law to be placed in any other special fund, shall be deposited into the public housing special fund."
SECTION 5. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 6. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 7. This Act shall take effect on July 1, 2025.
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INTRODUCED BY: |
_____________________________ |
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Report Title:
HPHA; HHFDC; Reports; Public Housing Special Fund
Description:
Amends the requirements of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation. Amends the scope of moneys to be deposited into and the purposes of the public housing special fund. Exempts expenditures of the public housing special fund from appropriation and allotment by the legislature, subject to certain requirements.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
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Date
|
Status
|
|---|---|
| Jun 3, 2025 | Act 155, on 06/03/2025 (Gov. Msg. No. 1255). |
| Jun 3, 2025 | Act 155, 06/03/2025 (Gov. Msg. No. 1255). |
| May 2, 2025 | Enrolled to Governor. |
| May 2, 2025 | Received notice of passage on Final Reading in House (Hse. Com. No. 821). |
| May 1, 2025 | Received notice of Final Reading (Sen. Com. No. 888). |
| Apr 30, 2025 | Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick excused (2). |
| Apr 30, 2025 | Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none. |
| Apr 25, 2025 | Forty-eight (48) hours notice Wednesday, 04-30-25. |
| Apr 25, 2025 | Reported from Conference Committee (Conf Com. Rep. No. 125) as amended in (CD 1). |
| Apr 25, 2025 | 48 Hrs. Notice (as amended CD 1) 04-30-25. |
| Apr 25, 2025 | Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 125). |
| Apr 23, 2025 | The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Evslin, Miyake, Muraoka; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none. |
| Apr 23, 2025 | The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| Apr 22, 2025 | Conference committee meeting to reconvene on 04-23-25 10:30AM; Conference Room 224. |
| Apr 21, 2025 | Conference Committee Meeting will reconvene on Tuesday 04-22-25 10:30AM in conference room 224. |
| Apr 17, 2025 | Conference committee meeting scheduled for 04-21-25 10:30AM; Conference Room 224. |
| Apr 16, 2025 | Received notice of Senate conferees (Sen. Com. No. 809). |
| Apr 16, 2025 | Senate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Kanuha, Fevella. |
| Apr 15, 2025 | Received notice of appointment of House conferees (Hse. Com. No. 731). |
| Apr 14, 2025 | House Conferees Appointed: Evslin, Miyake Co-Chairs; Muraoka. |
| Apr 10, 2025 | Received notice of disagreement (Sen. Com. No. 779). |
| Apr 10, 2025 | Senate disagrees with House amendments. |
| Apr 10, 2025 | Received from House (Hse. Com. No. 651). |
| Apr 8, 2025 | Passed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Marten excused (2). Transmitted to Senate. |
| Apr 4, 2025 | Forty-eight (48) hours notice Tuesday, 04-08-25. |
| Apr 4, 2025 | Reported from FIN (Stand. Com. Rep. No. 1977) as amended in HD 2, recommending passage on Third Reading. |
| Mar 28, 2025 | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Hussey, Ward. |
| Mar 27, 2025 | Bill scheduled for decision making on Friday, 03-28-25 1:59PM in conference room 308 VIA VIDEOCONFERENCE. |
| Mar 27, 2025 | The committee(s) on FIN recommend(s) that the measure be deferred until 03-28-25. |
| Mar 24, 2025 | Bill scheduled to be heard by FIN on Thursday, 03-27-25 3:30PM in House conference room 308 VIA VIDEOCONFERENCE. |
| Mar 18, 2025 | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Ward excused (2). |
| Mar 18, 2025 | Reported from HSG (Stand. Com. Rep. No. 1356) as amended in HD 1, recommending passage on Second Reading and referral to FIN. |
| Mar 12, 2025 | The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Cochran. |
| Mar 7, 2025 | Bill scheduled to be heard by HSG on Wednesday, 03-12-25 9:00AM in House conference room 430 VIA VIDEOCONFERENCE. |
| Mar 6, 2025 | Referred to HSG, FIN, referral sheet 19 |
| Mar 6, 2025 | Pass First Reading |
| Mar 4, 2025 | Received from Senate (Sen. Com. No. 170) in amended form (SD 1). |
| Mar 4, 2025 | Report Adopted; Passed Third Reading, as amended (SD 1). Ayes, 23; Aye(s) with reservations: none. Noes, 2 (Senator(s) Awa, DeCorte). Excused, 0 (none). Transmitted to House. |
| Feb 27, 2025 | 48 Hrs. Notice 03-04-25. |
| Feb 27, 2025 | Reported from WAM (Stand. Com. Rep. No. 729) with recommendation of passage on Third Reading, as amended (SD 1). |
| Feb 18, 2025 | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite. |
| Feb 14, 2025 | The committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference. |
| Feb 10, 2025 | Report adopted; Passed Second Reading and referred to WAM. |
| Feb 10, 2025 | Reported from HOU (Stand. Com. Rep. No. 143) with recommendation of passage on Second Reading and referral to WAM. |
| Jan 30, 2025 | The committee(s) on HOU recommend(s) that the measure be PASSED, UNAMENDED. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Aquino. |
| Jan 27, 2025 | The committee(s) on HOU has scheduled a public hearing on 01-30-25 1:10PM; Conference Room 225 & Videoconference. |
| Jan 23, 2025 | Referred to HOU, WAM. |
| Jan 17, 2025 | Passed First Reading. |
| Jan 17, 2025 | Introduced. |
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Date
|
Description
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Location
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Votes
|
|
|---|---|---|---|---|
| Apr 30, 2025 | Final Reading | House Floor |
Passed |
|
| Apr 30, 2025 | Final Reading | Senate Floor |
Passed |
|
| Apr 8, 2025 | Third Reading | House Floor |
Passed |
|
| Mar 28, 2025 | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS | House Standing Committee on Finance |
Passed |
|
| Mar 12, 2025 | The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS | House Standing Committee on Housing |
Passed |
|
| Mar 4, 2025 | Third Reading | Senate Floor |
Passed |
|
| Feb 18, 2025 | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS | Senate Standing Committee on Ways and Means |
Passed |
|
| Jan 30, 2025 | The committee(s) on HOU recommend(s) that the measure be PASSED, UNAMENDED | Senate Standing Committee on Housing |
Passed |
This list shows positions taken on this bill by organizations on the date displayed, which is linked to the original source.
Positions by individuals are not included.
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Organization
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Position
|
Date
|
|---|---|---|
| Hawaii Public Housing Authority | ** Support |
CONFERENCE COMMITTEE REP. NO. 125
Honolulu, Hawaii
, 2025
RE: S.B. No. 576
S.D. 1
H.D. 2
C.D. 1
Honorable Ronald D. Kouchi
President of the Senate
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Honorable Nadine K. Nakamura
Speaker, House of Representatives
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Sir and Madam:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 576, S.D. 1, H.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO FINANCIAL ADMINISTRATION,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to:
(1) Amend the required contents of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation; and
(2) Amend the scope of moneys to be deposited into, and the allowable uses of moneys expended from, the Public Housing Special Fund.
Your Committee on Conference finds that the Hawaii Public Housing Authority (HPHA) and Hawaii Housing Finance and Development Corporation (HHFDC) have similar missions to provide the State's residents with safe, secure housing. Presently, HPHA and HHFDC are required to submit annual reports to the Legislature. However, existing reporting requirements do not fully capture the scope of activities undertaken by HHFDC and HPHA. This measure will therefore expand the required contents of the reports submitted to the Legislature to promote transparency and accountability.
Your Committee on Conference further finds that the Public Housing Special Fund was established to support long-term and special projects by HPHA. The special fund, however, does not have regular revenue streams like other funds administered by HHFDC. This measure will allow repayments into the Public Housing Special Fund from completed projects, thereby making available additional funds for critical development and redevelopment activities to lower costs, support sustainability of the fund, and increase housing supply in the State.
Your Committee on Conference has amended this measure by changing its effective date to July 1, 2025.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 576, S.D. 1, H.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 576, S.D. 1, H.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE HOUSE |
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ON THE PART OF THE SENATE |
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____________________________ LUKE A. EVSLIN Co-Chair |
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____________________________ STANLEY CHANG Chair |
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____________________________ TYSON K. MIYAKE Co-Chair |
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____________________________ TROY N. HASHIMOTO Co-Chair |
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STAND. COM. REP. NO. 1977
Honolulu, Hawaii
, 2025
RE: S.B. No. 576
S.D. 1
H.D. 2
Honorable Nadine K. Nakamura
Speaker, House of Representatives
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Madame:
Your Committee on Finance, to which was referred S.B. No. 576, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO FINANCIAL ADMINISTRATION,"
begs leave to report as follows:
The purpose of this measure is to:
(1) Amend the required contents of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation; and
(2) Amend the source of monies to be deposited into the Public Housing Special Fund and the allowable uses of monies expended from the Special Fund.
Your Committee has amended this measure by changing the effective date to July 1, 3000, to encourage further discussion.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 576, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 576, S.D. 1, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ KYLE T. YAMASHITA, Chair |
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STAND. COM. REP. NO. 1356
Honolulu, Hawaii
, 2025
RE: S.B. No. 576
S.D. 1
H.D. 1
Honorable Nadine K. Nakamura
Speaker, House of Representatives
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Madame:
Your Committee on Housing, to which was referred S.B. No. 576, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO FINANCIAL ADMINISTRATION,"
begs leave to report as follows:
The purpose of this measure is to:
(1) Exempt expenditures from the Public Housing Special Fund from appropriation and allotment by the Legislature, subject to certain requirements;
(2) Amend the required contents of legislative reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation; and
(3) Amend the scope of monies to be deposited into and the purposes of the Public Housing Special Fund.
Your Committee finds that the Hawaii Public Housing Authority is one of only two statewide housing authorities in the nation that directly administers public housing units in addition to other federal and state housing programs. Your Committee acknowledges the Hawaii Public Housing Authority's mission to create opportunities that promote economic empowerment, build inclusive and thriving communities, and break the cycle of concentrated poverty and understands the need for financial flexibility to ensure that the Authority meets this mission. However, your Committee notes the concerns raised by the Department of the Attorney General, that the exemption of Public Housing Special Fund expenditures from legislative appropriation proposed by this measure conflicts with Article VII, section 5, of the Hawaii State Constitution, which prohibits public monies from being expended except pursuant to appropriations made by law.
Accordingly, your Committee has amended this measure by:
(1) Deleting language that would have exempted expenditures from the Public Housing Special Fund from appropriation and allotment by the Legislature; and
(2) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 576, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 576, S.D. 1, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Housing,
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____________________________ LUKE A. EVSLIN, Chair |
STAND. COM. REP. NO. 729
Honolulu, Hawaii
RE: S.B. No. 576
S.D. 1
Honorable Ronald D. Kouchi
President of the Senate
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Sir:
Your Committee on Ways and Means, to which was referred S.B. No. 576 entitled:
"A BILL FOR AN ACT RELATING TO FINANCIAL ADMINISTRATION,"
begs leave to report as follows:
The purpose and intent of this measure is to amend the laws pertaining to the financial administration of the Hawaii Public Housing Authority.
Specifically, the measure:
(1) Amends the requirements of reports to be submitted by the Hawaii Public Housing Authority and Hawaii Housing Finance and Development Corporation;
(2) Amends the scope of moneys to be deposited into and the purposes of the Public Housing Special Fund; and
(3) Exempts expenditures of the Public Housing Special Fund from appropriation and allotment by the Legislature, subject to certain requirements.
Your Committee received written comments in support of this measure from the Hawaii Public Housing Authority.
Your Committee received written comments on this measure from the Department of Budget and Finance.
Your Committee finds that the Public Housing Special Fund was established to support long-term and special projects by Hawaii Public Housing Authority. Your Committee notes that the special fund does not have regular revenue streams like the Rental Housing Revolving Fund or the Dwelling Unit Revolving Fund. Allowing repayments into the fund from completed projects will make available additional funds for critical pre-construction activities, lower overall development costs, and support the self-sustainability of the fund.
Your Committee further finds that with direct appropriations, the Hawaii Public Housing Authority can move forward without administrative delays, which is essential for projects secured with public-private partnerships and layered financing.
Your Committee has amended this measure by changing the effective date to July 1, 2050, to facilitate further discussion on the measure.
As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 576, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 576, S.D. 1.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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________________________________ DONOVAN M. DELA CRUZ, Chair |
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STAND. COM. REP. NO. 143
Honolulu, Hawaii
RE: S.B. No. 576
Honorable Ronald D. Kouchi
President of the Senate
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Sir:
Your Committee on Housing, to which was referred S.B. No. 576 entitled:
"A BILL FOR AN ACT RELATING TO FINANCIAL ADMINISTRATION,"
begs leave to report as follows:
The purpose and intent of this measure is to:
(1) Amend the requirements of legislative reports to be submitted by the Hawaii Public Housing Authority (HPHA) and Hawaii Housing Finance and Development Corporation (HHFDC);
(2) Amend the scope of moneys to be deposited into and the purposes of the Public Housing Special Fund; and
(3) Exempt expenditures of the Public Housing Special Fund from appropriation and allotment by the Legislature, subject to certain requirements.
Your Committee received testimony in support of this measure from the Hawaii Public Housing Authority.
Your Committee received comments on this measure from the Department of Budget and Finance.
Your Committee finds that the Public Housing Special Fund was established to support long-term and special projects undertaken by HPHA. Presently, HPHA secures some funding through the Rental Housing Revolving Fund administered by HHFDC, restricting HPHA's ability to expeditiously construct new public housing, or perform repair and maintenance on existing properties. With direct appropriations to HPHA, including the ability to recycle repaid funds, HPHA can focus on redevelopment projects, reducing administrative burden, and accelerating public housing production. Accordingly, this measure provides HPHA with greater flexibility while ensuring the continuity of existing operations to provide the State's low-income residents with safe and secure housing.
Your Committee notes the testimony submitted by the Department of Budget and Finance regarding the funding mechanism for the Public Housing Special Fund. As the Fund does not have a significant, consistent source of revenue, HPHA would need to rely on other funding sources such as the Rental Housing Revolving Fund or the Dwelling Unit Revolving Fund for gap funding. Therefore, the Legislature should consider a permanent funding mechanism to ensure the proper maintenance of HPHA's housing inventory and enable HPHA to build more housing for the most vulnerable residents in the State.
As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 576 and recommends that it pass Second Reading and be referred to your Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Housing,
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________________________________ STANLEY CHANG, Chair |
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Date
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Testimony PDF
|
|---|---|
| Mar 27, 2025 | SB576_HD1_TESTIMONY_FIN_03-27-25_.PDF |
| Mar 12, 2025 | SB576_SD1_TESTIMONY_HSG_03-12-25_.PDF |
| Feb 17, 2025 | SB576_TESTIMONY_WAM_02-18-25_.PDF |
| Jan 30, 2025 | SB576_TESTIMONY_HOU_01-30-25_.PDF |
Discussed in Hearing
39SEC
Conference Committee
1MIN
Conference Committee
24SEC
House Standing Committee on Finance
1MIN
House Standing Committee on Housing
26SEC
Senate Floor
42SEC
Senate Standing Committee on Government Operations
42SEC
Senate Standing Committee on Hawaiian Affairs
42SEC
Senate Standing Committee on Housing
Bill Author
