| Measure Title: |
RELATING TO STATE FINANCES.
|
| Report Title: |
HHFDC; Bond Recycling Program; Affordable Rental Housing; Rental Housing Revolving Fund; Bond Recycling Program Subaccount; State Debt Limit Exclusion; Private Activity Bonds
|
| Description: |
Allows HHFDC or a county to establish a bond recycling program authorized by federal law. Allows HHFDC or a county to secure a line of credit or other instrument of indebtedness for the bond recycling program. Allows the Department of Budget and Finance and HHFDC to enter into an agreement with a county for bond recycling. Requires a county or issuer to submit a report to the Department of Budget and Finance and HHFDC on the status or use of its portion of the volume cap that is being recycled. Requires a reserve to be maintained for the unsecured portion of debt incurred for the bond recycling program and establishes a reserve for HHFDC as a subaccount of the rental housing revolving fund.
|
| Companion: |
HB1760
|
| Package: |
None
|
| Current Referral: |
WAM
|
| Introducer(s): |
HASHIMOTO, AQUINO, CHANG, KIDANI, MORIWAKI, SAN BUENAVENTURA, Wakai
|
| Act: |
|
| Sort by Date | | Status Text |
| 1/19/2024 | S | Referred to WAM. |
| 1/19/2024 | S | Passed First Reading. |
| 1/19/2024 | S | Introduced. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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SB2339