Report Title:
Hawaiian Homes Commission Act
Description:
Authorizes the department of Hawaiian home lands to issue long term commercial leases.
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
949 |
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TWENTY-FIFTH LEGISLATURE, 2009 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE HAWAIIAN HOMES COMMISSION ACT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Development by the government is often viewed as a way to stimulate the economy during economic recessions or depressions. The economic effects of construction projects are widespread, as they create other types of jobs to support the construction industry.
The department of Hawaiian home lands is a state agency that has the ability to create construction projects in residential and commercial markets. Specifically, there are areas that the department has identified as areas of commercial growth. The legislature finds that it is in the best interest of the State to attract and secure private sector commercial development projects to these areas. These developments would support the department's homesteading programs, benefit the increasing population base in the area of the commercial development by creating additional jobs, and create residential communities surrounding the commercial development.
The legislature declares that providing the department of Hawaiian home lands with the authority to issue long term commercial leases pursuant to this Act is in the interest of the Hawaiian home lands trust fund and the public. The purpose of this Act is to grant the department of Hawaiian home lands the authority to negotiate and extend commercial leases for aggregate lease terms of up to ninety-nine years.
SECTION 2. Title 2 of the Hawaiian Homes Commission Act of 1920, as amended, is amended by adding a new section to be appropriately designated and to read as follows:
"§ . Leases for commercial development. The department of Hawaiian home lands may negotiate lease terms, including initial lease terms and any extensions, of up to ninety-nine years for commercial development projects that have or shall be developed pursuant to a land disposition authorized under section 204(a)(2), Hawaiian Homes Commission Act of 1920, as amended, or a project developer agreement authorized under section 220.5, Hawaiian Homes Commission Act of 1920, as amended."
SECTION 3. The provisions of the amendments made by this Act to the Hawaiian Homes Commission Act, 1920, as amended, are declared to be severable, and if any section, sentence, clause, or phrase, or the application thereof to any person or circumstances is held ineffective because there is a requirement of having the consent of the United States to take effect, then that portion only shall take effect upon the granting of consent by the United States and effectiveness of the remainder of these amendments or the application thereof shall not be affected.
SECTION 4. New statutory material is underscored.
SECTION 5. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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