Title:

Nonprofit Corporations; County Concessions

Description:

Provides an exemption to nonprofit corporations from the fifteen-year limit on the grant of county concessions or concession space.  (SD1)

THE SENATE	S.B. NO.	1818
TWENTY-FOURTH LEGISLATURE, 2007		S.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO COUNTY CONCESSIONS.

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

     SECTION 1.  Section 102-2, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

     "(a)  Except as otherwise specifically provided by law, no concession or concession space shall be leased, let, licensed, rented out, or otherwise disposed of either by contract, lease, license, permit, or any other arrangement, except under contract let after public notice for sealed bids in the manner provided by law; provided that the duration of the grant of the concession or concession space shall be related to the investment required but in no event to exceed fifteen years[.]; provided further that, subject to approval by county council resolution, nonprofit corporations organized pursuant to chapter 414D shall be exempt from the fifteen-year limit on the grant of county concession or concession space."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval.