STAND. COM. REP. NO. 1601
RE: S.B. No. 1190
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2019
State of Hawaii
Your Committees on Consumer Protection & Commerce and Judiciary, to which was referred S.B. No. 1190, S.D. 2, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO LEASEHOLD CONDOMINIUMS ON LANDS CONTROLLED BY THE STATE,"
beg leave to report as follows:
(1) Authorize the Hawaii Housing Finance and Development Corporation (HHFDC) to enter into maximum seventy-five year leases with qualified residents for units in condominiums developed on state land;
(2) Exempt state lands set aside by the Governor for HHFDC or state lands leased to HHFDC and upon which leasehold condominium units are developed from the definition of public land; and
(3) Require legislative approval for the sale or gift of such lands upon which leasehold condominium units are developed.
The Building Industry Association of Hawaii and The Chamber of Commerce Hawaii supported this measure. The Office of Hawaiian Affairs, Department of Business, Economic Development, and Tourism, HHFDC, and an individual provided comments.
Your Committees have amended this measure by authorizing the HHFDC to enter into maximum ninety-nine year leases with qualified residents for units in condominiums developed on state land.
As affirmed by the records of votes of the members of your Committees on Consumer Protection & Commerce and Judiciary that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 1190, S.D. 2, H.D. 1, as amended herein, and recommend that it be referred to your Committee on Finance, in the form attached hereto as S.B. No. 1190, S.D. 2, H.D. 2.
Respectfully submitted on behalf of the members of the Committees on Consumer Protection & Commerce and Judiciary,
CHRIS LEE, Chair
ROY M. TAKUMI, Chair