31st Legislature, 2022
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SB176 SD1       (?)

Report Title: BLNR; Sand Island Industrial Park; Sale Under Master Lease; Rent Escalation
Description: Provides that each industrial park lease shall include a rent escalation clause that specifies that increases in rental rates for a 5-year period shall not exceed the lower of the percentage specified in the Consumer Price Index or 10%. Authorizes the Board of Land and Natural Resources to sell parcels of Sand Island Industrial Park to a lessee under a master lease. Effective 7/1/2050. (SD1)
Companion:  HB66
Package: None
Current Referral: WAL, CPC, JHA, FIN
Introducer(s): KOUCHI (Introduced by request of another party)

Sort by Date Status Text
1/22/2021SPassed First Reading.
1/22/2021SReferred to WTL, WAM.
3/4/2021SRe-Referred to WAM.
2/26/2021SThe committee(s) on WAM has scheduled a public hearing on 03-04-21 1:30PM; CR 211 & Videoconference.
3/4/2021SThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 9 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Inouye, Kidani, Shimabukuro; Aye(s) with reservations: Senator(s) English, Kanuha, Taniguchi, Wakai ; 2 No(es): Senator(s) Moriwaki, Fevella; and 0 Excused: none.
3/5/2021SReported from WAM (Stand. Com. Rep. No. 763) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
3/5/2021SReport adopted; Passed Second Reading, as amended (SD 1).
3/5/2021S48 Hrs. Notice 03-09-21.
3/9/2021SPassed Third Reading, as amended (SD 1). Ayes, 18; Aye(s) with reservations: Senator(s) Kim, Rhoads, San Buenaventura, Taniguchi, Wakai. Noes, 7 (Senator(s) Acasio, Fevella, Ihara, Keohokalole, Kidani, Moriwaki, Riviere). Excused, 0 (none). Transmitted to House.
3/9/2021HReceived from Senate (Sen. Com. No. 162) in amended form (SD 1).
3/11/2021HPass First Reading
3/11/2021HReferred to WAL, CPC, JHA, FIN, referral sheet 22
12/10/2021DCarried over to 2022 Regular Session.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB176 SD1

WAM 3/04/21 1:30P
CR 211 & Videoconference