Report Title:

Housing and Community Development Corporation of Hawaii

Description:

Repeals Alteration Revolving Loan Fund and the Hawaii Development Revolving Loan Fund, and transfers the balances to the general fund.

THE SENATE

S.B. NO.

1283

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

RELATING TO THE HOUSING AND COMMUNITY DEVELOPMENT CORPORATION OF HAWAII.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Act 178, Session Laws of Hawaii 2002, repealed the housing alteration revolving loan and Hawaii development revolving loan funds and transferred the balances to the general fund. The purpose of this Act is to repeal the applicable subparts in chapter 201G, Hawaii Revised Statutes, that established the housing alteration revolving loan and Hawaii development revolving loan programs.

SECTION 2. Subparts I and P of part III of chapter 201G, Hawaii Revised Statutes, are repealed.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

BY REQUEST