STAND. COM. REP. NO. 485
Honolulu, Hawaii
, 2009
RE: H.B. No. 617
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2009
State of Hawaii
Sir:
Your Committee on Economic Revitalization, Business, & Military Affairs, to which was referred H.B. No. 617 entitled:
"A BILL FOR AN ACT RELATING TO MASS TRANSIT ROUTE ECONOMIC ZONES,"
begs leave to report as follows:
The purpose of this bill is to engage in planning that will enhance the economic stimulus provided by future mass transit systems by establishing a task force to recommend parameters for the creation of mass transit route economic zones including eligibility and benefits, and incentives such as tax credits to attract businesses and affordable housing development, and to encourage ridership.
The Hawaii Association of Realtors testified in support of this bill. The Department of Business, Economic Development, and Tourism, Federal Transit Administration, federal Department of Housing and Urban Development, Hawaii Housing Finance and Development Corporation, Department of Transportation, and Department of Planning and Permitting of the City and County of Honolulu (DPP) provided comments.
Your Committee has amended this bill by:
(1) Adding the Director of DPP or his designee to the task force; and
(2) Making technical, nonsubstantive amendments for clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Economic Revitalization, Business, & Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 617, as amended herein, and recommends that it be referred to the Committee on Finance in the form attached hereto as H.B. No. 617, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Economic Revitalization, Business, & Military Affairs,
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____________________________ ANGUS L.K. MCKELVEY, Chair |
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