STAND. COM. REP. NO. 1004

Honolulu, Hawaii

RE: S.B. No. 914

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 914, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO LAND DEVELOPMENT,"

begs leave to report as follows:

The purpose and intent of this measure is to require the Department of Land and Natural Resources to allocate ten percent of the revenues collected from commercial property in the Banyan Drive redevelopment area to the Banyan Drive Hawaii Redevelopment Agency.

This measure also appropriates moneys to the Department of Land and Natural Resources for the Banyan Drive Hawaii Redevelopment Agency to conduct studies for the agency's redevelopment plan for the Banyan Drive redevelopment area.

Your Committee received written comments in support of this measure from the Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii, ILWU Local 142, and one individual.

Your Committee received written comments in opposition to this measure from the Department of Land and Natural Resources.

Your Committee finds that this measure will assist in redeveloping and revitalizing the Banyan Drive peninsula, areas of which are underutilized and in disrepair.

Your Committee has amended this measure by making technical, nonsubstantive changes for the 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. 914, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 914, 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