Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Commerce, Consumer Protection and Housing, to which was referred S.C.R. No. 89 entitled:

begs leave to report as follows:

The purpose of this measure is to request the Legislative Reference Bureau to study lease rent amounts and other major problems facing commercial lessees and other land lessees and to submit findings and recommendations to the Legislature no later than twenty days before the convening of the Regular Session of 2004.

Although a task force that was established by the Legislature during the regular session of 1993 examined the problems of lessees, your Committee finds that some of the problems identified by the task force remain. Inflated lease rents have negatively impacted businesses, individuals, and ultimately, Hawaii's economy. Your Committee believes that this measure may provide additional assistance with the problems faced today by lessees and provide recommendations to eliminate or alleviate those problems.

Upon further consideration, your Committee has amended this measure to:

As affirmed by the record of votes of the members of your Committee on Commerce, Consumer Protection and Housing that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 89, as amended herein, and recommends its adoption in the form attached hereto as S.C.R. No. 89, S.D. 1.