Report Title:

Public Lands; Homestead Leases

Description:

Purchase price for fee simple purchase of homestead lease to be determined by real property tax assessed value.

HOUSE OF REPRESENTATIVES

H.B. NO.

1906

TWENTY-THIRD LEGISLATURE, 2006

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to homesteads.

 

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

SECTION 1. Section 171-99, Hawaii Revised Statutes, is amended by amending subsections (a) and (b) to read as follows:

"(a) Issuance of land patents to occupier or lessee of homestead lands. A fee simple patent shall be issued to every existing occupier under a certificate of occupation issued heretofore, and to every lessee under a nine hundred and ninety-nine year homestead lease issued heretofore, of public lands, where the lands have been improved under the certificate or lease, or have been used as a place of residence by the occupier or lessee for an aggregate continuous period of not less than ten years upon payment to the board of land and natural resources of a [fair market] price[,] equal to the real property tax assessed value of the land, disregarding the value of the improvements made by the occupier or lessee[, which price shall be determined by appraisal as provided for in this chapter]; provided that the board may exclude from these patents areas required as roadways to other lots.

(b) Issuance of patent, lessee of right of purchase lease. The lessee of any existing right of purchase lease, at a time and under conditions that are contained in the lease, shall be entitled to a land patent from the board conveying to the lessee a fee simple title to the land described in the lessee's lease upon the payment of the [fair market] price of the land as determined by [appraisal as provided for in this chapter;] the real property tax assessed value of the land without improvements; provided that the lessee has reduced to cultivation twenty-five per cent of the premises and has resided thereon not less than two years and has substantially performed all other conditions of the lessee's lease."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

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