STAND. COM. REP. NO. 431
RE: H.B. No. 77
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Your Committee on Water & Land, to which was referred H.B. No. 77, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO LANDS CONTROLLED BY THE STATE,"
begs leave to report as follows:
The purpose of this measure is to exempt the sale of the leased fee interest in certain affordable leasehold developments by the Hawaii Housing Finance and Development Corporation from legislative approval.
Your Committee received testimony in support of this measure from the Hawaii Housing Finance Development Corporation. Your Committee received comments on this measure from the Office of Hawaiian Affairs.
Your Committee finds that this measure is necessary to lessen the cost and burden in having to seek legislative approval of the sale of the leased fee interest in state-owned land. The exemption from legislative approval proposed by this measure facilitates a process that expedites the development of affordable housing in the State.
As affirmed by the record of votes of the members of your Committee on Water & Land that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 77, H.D. 1, and recommends that it be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Water & Land,
DAVID A. TARNAS, Chair