Report Title:

Public housing

 

 

Description:

Authorizes issuance of bonds to finance repairs to public housing units.  Appropriates funds.

 


HOUSE OF REPRESENTATIVES

H.B. NO.

551

TWENTY-FOURTH LEGISLATURE, 2007

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT


 

 

relating to public housing.

 

 

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

 


     SECTION 1.  The director of finance is authorized to issue general obligation bonds in the sum of $5,000,000, or so much thereof as may be necessary, and the same sum, or so much thereof as may be necessary, is appropriated for fiscal year 2007-2008 for the purpose of renovating and making repairs to vacant public housing units.

     SECTION 2.  The sums appropriated shall be expended by the Hawaii public housing authority for the purposes of this Act.

     SECTION 3.  The appropriation made for the capital improvement project authorized by this Act shall not lapse at the end of the fiscal biennium for which the appropriation is made; provided that all moneys from the appropriation unencumbered as of June 30, 2009, shall lapse as of that date.

     SECTION 4.  This Act shall take effect on July 1, 2007.

 

 

INTRODUCED BY:

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