CONFERENCE COMMITTEE REP. 7
Honolulu, Hawaii
, 2003
H.D. 1
S.D. 2
C.D. 1
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
President of the Senate
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 426, H.D. 1, S.D. 2, entitled:
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this bill is to:
(1) Direct the Board of Land and Natural Resources to issue a new lease to the existing lessee of certain properties situated at Wailua and Lihue, Kauai, Hawaii; and
(2) Establish leasing procedures and requirements, including the requirement that the properties be used for hotel, resort, or timeshare purposes.
Your Committee on Conference finds that the special treatment, provided in this bill, accorded certain leases is meant to support the economic sustainability and growth of Kauai and the State, and as such should be limited in its scope.
Your Committee on Conference has amended this bill by:
(1) Deleting from its scope general leases in Kokee, Kauai, Hawaii;
(2) Requiring the successful bidder of a parcel to pay the existing lessee the current fair market value of the improvements owned by the lessee, as opposed to the higher of current fair market value or depreciated cost; and
(3) Making technical, nonsubstantive amendments for purposes of style, clarity, and consistency.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 426, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 426, H.D. 1, S.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
lorraine inouye, Co-Chair |
EZRA KANOHO, Co-Chair |
|
BRIAN TANIGUCHI, Co-Chair |
DWIGHT Y. TAKAMINE, Co-Chair |
|