STAND. COM. REP. NO. 875-20

Honolulu, Hawaii

, 2020

RE: H.B. No. 2578

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2578, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO PUBLIC LANDS,"

begs leave to report as follows:

The purpose of this measure is to authorize the designation of areas or regions of public lands classified as commercial and industrial use; hotel, apartment, and motel use; or resort use and the establishment and implementation of guidelines for the redevelopment of the areas or regions that will:

(1) Modernize policies for the management of public lands

in the designated area;

(2) Establish a plan for the designated area, including district-wide improvements, that is coordinated with state and county land use and planning policies; and

(3) Implement asset and property management concepts that can optimize income from the properties and evolve in response to changing principles of property administration.

Your Committee received testimony in support of this measure from one individual. Your Committee received comments on this measure from the Department of Land and Natural Resources, Department of Taxation, Department of Budget and Finance, Office of Hawaiian Affairs, Office of the Mayor of the County of Hawaii, and Tax Foundation of Hawaii.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2578, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair