SB771 amends Hawaii Revised Statutes to change the eligibility criteria for the chairperson of the Hawaii Housing Finance and Development Corporation.

SB771 modifies Section 201H-3 of the Hawaii Revised Statutes by altering the eligibility criteria for the chairperson of the Hawaii Housing Finance and Development Corporation board. Specifically, it removes the requirement that the chairperson must be a public member and excludes the director of business, economic development, and tourism, the director of finance, and the governor's representative from serving as chairperson. The bill takes effect upon approval.

SB771 amends Hawaii Revised Statutes to change the eligibility criteria for the chairperson of the Hawaii Housing Finance and Development Corporation.

SB771 modifies Section 201H-3 of the Hawaii Revised Statutes by altering the eligibility criteria for the chairperson of the Hawaii Housing Finance and Development Corporation board. Specifically, it removes the requirement that the chairperson must be a public member and excludes the director of business, economic development, and tourism, the director of finance, and the governor's representative from serving as chairperson. The bill takes effect upon approval.