CONFERENCE COMMITTEE REP. NO. 73

 

Honolulu, Hawaii

                 , 2015

 

RE:    H.B. No. 277

       H.D. 1

       S.D. 1

       C.D. 1

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir and Madam:

 

     Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 277, H.D. 1, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO INFRASTRUCTURE,"

 

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 encourage the development of affordable housing by providing the counties with a financing option to support infrastructure for affordable housing projects. Specifically, this measure:

 

     (1)  Permits the Hawaii Housing Finance and Development Corporation to issue and sell revenue bonds to provide funding for county improvements, upon request by a county; and

 

     (2)  Allows counties the option to use community facilities districts as a method for repayment of infrastructure development loans administered by the Hawaii Housing Finance and Development Corporation.

 

     Your Committee on Conference has amended this measure by changing the effective date to July 1, 2015.

 

     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 H.B. No. 277, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 277, H.D. 1, S.D. 1, C.D. 1.

 

Respectfully submitted on behalf of the managers:

 

ON THE PART OF THE SENATE

 

ON THE PART OF THE HOUSE

 

____________________________

SUZANNE CHUN OAKLAND, Chair

 

____________________________

MARK J. HASHEM, Co-Chair

____________________________

WILL ESPERO, Co-Chair

 

____________________________

JO JORDAN, Co-Chair

____________________________

DONOVAN M. DELA CRUZ, Co-Chair