STAND. COM. REP. NO.  313-10

Honolulu, Hawaii

                , 2010

RE:   H.B. No. 2845

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

Sir:

     Your Committees on Water, Land, & Ocean Resources and Housing, to which was referred H.B. No. 2845 entitled:

"A BILL FOR AN ACT RELATING TO LANDS CONTROLLED BY THE STATE,"

beg leave to report as follows:

     The purpose of this bill is to support the Hawaii Housing Finance and Development Corporation's (HHFDC's) mission of providing workforce and affordable housing, by exempting the fee simple resale of individual dwellings repurchased or foreclosed on by HHFDC, from the requirements of section 171-64.7, Hawaii Revised Statutes (HRS), on transfers of public lands. 

     HHFDC testified in support of this measure.

     Section 171-64.7, HRS, currently requires HHFDC to:

(1)  Hold an information meeting in the community in which land is located;

(2)  Submit a concurrent resolution to the legislature including specified information about the proposed land sale; and

(3)  Obtain legislative approval of the transfer by at least two-thirds majority vote in each house.

     Your Committees find that exempting HHFDC from these requirements will save the State from incurring costly expenses of upkeep and maintenance of homes held by HHFDC that accrue until legislative approval is obtained.

     As affirmed by the records of votes of the members of your Committees on Water, Land, & Ocean Resources and Housing that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 2845 and recommend that it pass Second Reading and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committees on Water, Land, & Ocean Resources and Housing,

____________________________ RIDA CABANILLA, Chair

____________________________ KEN ITO, Chair