Hawaii State Legislature
2003 Legislative Session

HB648

Generated on 8/21/2003 10:26:46 AM

Measure Title: RELATING TO REAL PROPERTY LEASE CONTRACTS.
Report Title: Real Property Leases; Renegotiation
Description: Requires, in leasehold renegotiations, that a rent based on fair market value shall apply even if the value is lower than existing rent and the lease contract bars the lowering of rent upon renegotiation. Allows a one-time rent adjustment to reflect fair market value for any existing lease renegotiated after January 1, 1990.
Package: None
Companion:
Introducer(s): SAY (BR)
Current Referral:CPC, FIN

Date Status Text
1/22/2003HIntroduced
1/24/2003HPass First Reading
1/27/2003HReferred to CPC, FIN, referral sheet 4.
8/21/2003DCarried over to 2004 Regular Session

$ = Appropriation measure
ConAm = Constitutional Amendment