STAND. COM. REP. NO. 33

Honolulu, Hawaii

, 2019

RE: H.B. No. 817

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Housing, to which was referred H.B. No. 817 entitled:

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

begs leave to report as follows:

The purpose of this measure is to authorize the State to enter into ninety-nine year leases of residential condominium units located on state land.

The Hawaii Housing Finance and Development Corporation, Building Industry Association of Hawaii, The Chamber of Commerce Hawaii, and Land Use Research Foundation of Hawaii submitted testimony in support of this measure.

Your Committee has amended this measure by:

(1) Changing its effective date to January 1, 2050, to promote further discussion; 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 Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 817, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 817, H.D. 1, and be referred to your Committee on Consumer Protection & Commerce.

Respectfully submitted on behalf of the members of the Committee on Housing,

____________________________

TOM BROWER, Chair