STAND. COM. REP. NO. 3396

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 2940

       S.D. 2

 

 

 

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

 

Sir:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 2940, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE STADIUM DEVELOPMENT DISTRICT,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to streamline the oversight of the redevelopment of the Stadium Development District.

 

     More specifically, this measure:

 

(1)  Establishes a stadium development special fund;

 

(2)  Authorizes the Stadium Authority to acquire and hold title to real property;

 

(3)  Exempts from the definition of "public lands" the lands to which the Stadium Authority holds title;

 

(4)  Requires the Stadium Authority to obtain legislative approval of the sale or gift of lands to which the authority holds title;

 

(5)  Repeals part IX, chapter 206E, Hawaii Revised Statutes, relating to the Stadium Development District;

 

(6)  Transfers the role of expending agency for general fund appropriations, and revenue and general obligation bond proceeds under Act 268, Session Laws of Hawaii 2019, from the Hawaii Community Development Authority to the Stadium Authority; and

 

(7)  Appropriates general funds for the Stadium Authority.

 

     Your Committee received written comments in support of this measure from the Department of Accounting and General Services, Aloha Stadium Authority, and Faith Action for Community Equity.

 

     Your Committee received written comments on this measure from the Department of Budget and Finance; Department of Land and Natural Resources; and Hawaii Community Development Authority.

 

     Your Committee finds that this measure will facilitate the efforts of the Stadium Authority to redevelop, renovate, or improve the Stadium Development District in a manner that will be in the best interests of the State and its people.

 

     Your Committee has amended this measure by:

 

(1)  Retaining the substance of two statutory sections from part IX of chapter 206E, Hawaii Revised Statutes, relating to development guidance policies and annual comprehensive reports, by adding their provisions as new sections to chapter 109, Hawaii Revised Statutes; and

 

(2)  Making technical nonsubstantive changes for purposes of clarity, consistency, and style.

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2940, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2940, S.D. 2.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

 

 

________________________________

DONOVAN M. DELA CRUZ, Chair