STAND. COM. REP. NO. 937-06

Honolulu, Hawaii

, 2006

RE: H.B. No. 2966

H.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2966, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

The purpose of this bill is to further implement the division of the Housing and Community Development Corporation of Hawaii (HCDCH) into two separate agencies, and includes provisions:

(1) Changing the names of the new agencies to the Hawaii Housing Finance and Development Corporation (HHFDC) and the Hawaii Public Housing Authority (HPHA);

(2) Expanding the details of the various programs under HHFDC and HPHA to conform to those under HCDCH and to further clarify the duties of HHFDC and HPHA; and

(3) Appropriating funds as follows:

(a) $708,300 to purchase equipment for HHFDC;

(b) An unspecified amount for HHFDC;

(c) $366,303 for six full-time equivalent positions for HHFDC, including an executive and executive assistant position;

(d) $1,800,000 for renovations to HPHA's School Street office; and

(e) $99,427 for three full-time equivalent positions for HPHA.

HCDCH testified in support of this bill.

HCDCH provided testimony requesting that the boards of directors of the housing agencies be allowed to set the salaries of their respective executive directors and executive assistants. HCDCH also suggested that the Director of Finance be retained as a member of the HHFDC board.

Your Committee has amended this bill by:

(1) Changing the effective date to July 1, 2020, to encourage further discussion; and

(2) Making technical, nonsubstantive amendments for clarity, consistency, and style.

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 H.B. No. 2966, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2966, H.D. 2.

Respectfully submitted on behalf of the members of the Committee on Finance,

 

____________________________

DWIGHT TAKAMINE, Chair