STAND. COM. REP. NO. 2897

Honolulu, Hawaii

RE: S.B. No. 2943

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2943, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO TRANSIT-ORIENTED DEVELOPMENT ZONES,"

begs leave to report as follows:

The purpose and intent of this measure is encourage the development of certain public facilities in proximity to rail transit line stations.

Specifically, this measure:

(1) Requires the Hawaii Community Development Authority to establish a transit-oriented development infrastructure improvement zone program to facilitate the development of certain areas;

(2) Authorizes the Hawaii Housing Finance and Development Corporation, at the request of the Hawaii Community Development Authority, to establish transit-oriented development infrastructure improvement zone subaccounts for the benefit of infrastructure improvement projects within a transit-oriented development infrastructure improvement zone;

(3) Expands the use of the dwelling unit revolving fund to include the transit-oriented development infrastructure improvement zone program;

(4) Specifies the membership of the Hawaii Community Development Authority responsible for matters affecting transit-oriented development infrastructure improvement zones;

(5) Appropriates funds from the dwelling unit revolving fund for an infrastructure study; and

(6) Appropriates general funds to hire one temporary, full-time equivalent position assigned to the transit-oriented development infrastructure improvement zone program.

Your Committee received written comments in support of this measure from the Hawaii Housing Finance and Development Corporation; Hawaii Community Development Authority; Hawaii Interagency Council for Transit-Oriented Development; City and County of Honolulu Department of Planning and Permitting; and OCC Legislative Priorities, Democratic Party of Hawai'i.

Your Committee received written comments on this measure from the Stadium Authority.

Your Committee finds that the establishment and use of infrastructure financing tools for lands in proximity to the rail transit line stations will help to make lands more suitable for the development of affordable housing.

Your Committee has amended this measure by:

(1) Requiring that the study examining the current infrastructure of the transit-oriented development infrastructure improvement zone be conducted in coordination with other studies that assess the needs for state transit-oriented development priority areas and the ongoing infrastructure planning of the City and County of Honolulu;

(2) Changing the amounts appropriated to unspecified amounts to facilitate further discussion on the measure; and

(3) Making technical nonsubstantive amendments for purposes of clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2943, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2943, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

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DONOVAN M. DELA CRUZ, Chair