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Conference committee passes bill limiting HHFDC/HPHA contract terms and adjusting executive pay rules
Summary
SB 2338 CD1, approved by the conference committee, creates employment-contract limits at HHFDC and HPHA, removes automatic renewals and severance pay provisions, renames a position and sets executive salary caps tied to the governor's pay.
The conference committee agreed to CD1 for SB 2338, a bill that revises employment and compensation rules for the Hawaii Housing Finance and Development Corporation (HHFDC) and the Hawaii Public Housing Authority (HPHA). Managers described provisions that limit employment contracts to a maximum of three years, eliminate automatic renewals and severance or financial buyout provisions, rename the executive assistant post to deputy executive director, create a finance manager position, and set salary caps so HHFDC and HCDA executive salaries do not exceed 99% of the governor's salary.
Committee managers recommended passage with amendments and the recommendation was adopted. The measure's stated intent in CD1 is to establish clearer contract limits and to make salary recommendations subject to approval by the director of DBEDT; managers said the CD1 had been distributed to conferees and the recommendation was adopted on the record.
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