STAND. COM. REP. NO. 880-06

Honolulu, Hawaii

, 2006

RE: H.B. No. 1928

H.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1928, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO PUBLIC LANDS,"

begs leave to report as follows:

The purpose of this bill is to:

(1) Grant the Board of Land and Natural Resources additional leeway in amending:

(A) Hotel and resort public land leases to qualify the lease for purposes of mortgage lending; and

(B) The term of qualified hotel, commercial, and industrial public land leases;

and

(2) Permit the disposition of public lands by lease for agricultural purposes.

The Hawaii Farm Bureau Federation testified in support of this bill. The Department of Land and Natural Resources opposed the measure.

 

 

Your Committee has amended this bill by:

(1) Changing the effective date to July 1, 2020, to encourage further discussion; and

(2) Making technical, nonsubstantive amendments for style, clarity, and consistency.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1928, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1928, H.D. 2.

Respectfully submitted on behalf of the members of the Committee on Finance,

 

____________________________

DWIGHT TAKAMINE, Chair