REPORT TITLE:
Kikala-Keokea


DESCRIPTION:
Provides funds for infrastructure at Kikala-Keokea.  (HB2768 HD1)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        2768
HOUSE OF REPRESENTATIVES                H.B. NO.           H.D. 1
TWENTIETH LEGISLATURE, 2000                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO KIKALA-KEOKEA.



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

 1      SECTION 1.  Act 314, Session Laws of Hawaii 1991, as
 
 2 amended, authorized the department of land and natural resources
 
 3 to negotiate and enter into long-term leases with persons of
 
 4 Hawaiian ancestry who were dispossessed or displaced from their
 
 5 homes at Kalapana as a result of the volcanic eruptions on the
 
 6 island of Hawaii.  The Act also authorized the department of land
 
 7 and natural resources to subdivide and provide for the creation
 
 8 of a residential subdivision in the Kikala-Keokea homestead area
 
 9 for persons who receive long-term leases from the department of
 
10 land and natural resources.
 
11      The purpose of this Act is to provide funds for the
 
12 development of infrastructure at Kikala-Keokea by amending Act
 
13 242, Session Laws of Hawaii 1991.
 
14      SECTION 2.  Act 242, Session Laws of Hawaii 1991, is amended
 
15 by amending section 1 to read as follows:
 
16      "SECTION 1.  The purpose of this Act is to provide
 
17 [low-interest loans to the residents and citizens of Hawaii who
 
18 have suffered the loss of their homes and lands to the
 

 
Page 2                                                     2768
                                     H.B. NO.           H.D. 1
                                                        
                                                        

 
 1 devastating effects of the continued volcanic eruptions on the
 
 2 island of Hawaii.  Under current law, chapters 127, 171, and 209,
 
 3 Hawaii Revised Statutes, some of                                5
 
 4 Kilauea lava flow victims do not qualify for existing disaster
 
 5 recovery loans.  Some Kilauea lava flow residents and citizens do
 
 6 not have sufficient income to qualify for loan assistance to
 
 7 purchase replacement land and build a home.  These residents and
 
 8 citizens may be in need of a one-time public relief program with
 
 9 specific requirements for the repayment of low-interest loans to
 
10 assist in rebuilding their homes in an area of lesser volcanic
 
11 risk.] funds for the development of infrastructure at Kikala-
 
12 Keokea."
 
13      SECTION 3.  Act 242, Session Laws of Hawaii 1991, is amended
 
14 by amending section 2 to read as follows:
 
15      "SECTION 2.  There is appropriated out of the general
 
16 revenues of the State of Hawaii the sum of $1,750,000[,] or so
 
17 much thereof as may be necessary for fiscal year 1991-1992[,] to
 
18 provide [low-interest land acquisition, home construction, and
 
19 mortgage loans of up to $35,000 each to residents and citizens of
 
20 Hawaii] funding for infrastructure development to benefit
 
21 residents of Hawaiian ancestry who have been dispossessed of
 
22 their homes and lands at Kalapana as a result of the continued
 
23 volcanic eruptions on the island of Hawaii which began on January
 
24 3, 1983[; provided that the rate of interest on loans pursuant to
 

 
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                                     H.B. NO.           H.D. 1
                                                        
                                                        

 
 1 this Act shall not exceed three per cent per annum and interest
 
 2 earnings on loans made pursuant to this Act may be used for
 
 3 administrative and other expenses necessary for administering the
 
 4 loan program.  Guidelines shall be established by the housing
 
 5 finance and development corporation with respect to loan terms
 
 6 and loan qualification criteria.  Moneys appropriated for the
 
 7 purposes of this Act shall be deposited into the housing finance
 
 8 revolving fund; provided that upon fulfillment of the purposes of
 
 9 this Act, all unencumbered moneys shall lapse into the state
 
10 general fund]."
 
11      SECTION 4.  Act 242, Session Laws of Hawaii 1991, is amended
 
12 by amending section 3 to read as follows:
 
13      "SECTION 3.  [The housing finance and development
 
14 corporation shall administer the loans for the purposes of this
 
15 Act, and shall adopt rules pursuant to chapter 91 to carry out
 
16 the purposes of this Act.] There is created an infrastructure
 
17 development fund to be administered by the department of land and
 
18 natural resources.  The funds appropriated for the purposes of
 
19 this Act shall be deposited into the infrastructure development
 
20 fund.  The proceeds may be used for the necessary expenses in
 
21 administering this Act; provided that upon fulfillment of the
 
22 purposes of this Act, all unencumbered moneys shall lapse into
 
23 the state general fund."
 

 
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                                     H.B. NO.           H.D. 1
                                                        
                                                        

 
 1      SECTION 5.  Act 242, Session Laws of Hawaii 1991, is amended
 
 2 by amending section 4 to read as follows:
 
 3      "SECTION 4.  The sum appropriated shall be expended by the
 
 4 [housing finance and development corporation] department of land
 
 5 and natural resources for the purposes of this Act[.]; provided
 
 6 that all funding commitments to complete the design and
 
 7 construction of infrastructure improvements shall be executed
 
 8 before any moneys can be disbursed."
 
 9      SECTION 6.  The funds appropriated under Act 242, Session
 
10 Laws of Hawaii 1991, to the housing finance and development
 
11 corporation, currently known as the housing and community
 
12 development corporation of Hawaii, shall be deposited into the
 
13 infrastructure development fund established by this Act that
 
14 shall be administered by the department of land and natural
 
15 resources.
 
16      SECTION 7.  Statutory material to be repealed is bracketed.
 
17 New material is underscored.
 
18      SECTION 8.  This Act shall take effect on July 1, 2000.