Legislative record
RELATING TO HOUSING.
Repeals the prohibition of qualified persons or firms from receiving direct or indirect financing for construction projects from any governmental contracting agency as a condition of prevailing wage terms. Extends the Hawaiʻi Housing Finance and Development Corporation approval and certification period in which construction or rehabilitation of certain projects can qualify for general excise tax exemptions. Repeals the limitation of the costs to contracting, including the annual cap on allowable general excise tax and use tax costs applicable to contracting. Effective 7/1/3000. (HD1)