STAND.
COM. REP. NO. 1601
Honolulu, Hawaii
, 2019
RE: S.B. No. 1190
S.D. 2
H.D. 2
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2019
State of Hawaii
Sir:
Your Committees on Consumer Protection & Commerce and Judiciary, to which was referred S.B. No. 1190, S.D. 2, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO LEASEHOLD CONDOMINIUMS ON LANDS CONTROLLED BY THE STATE,"
beg leave to report as follows:
The purpose of this measure is to:
(1) Authorize the Hawaii Housing Finance and Development Corporation (HHFDC) to enter into maximum seventy-five year leases with qualified residents for units in condominiums developed on state land;
(2) Exempt state lands set aside by the Governor for HHFDC or state lands leased to HHFDC and upon which leasehold condominium units are developed from the definition of public land; and
(3) Require legislative approval for the sale or gift of such lands upon which leasehold condominium units are developed.
Your Committees have amended this measure by authorizing the HHFDC to enter into maximum ninety-nine year leases with qualified residents for units in condominiums developed on state land.
As affirmed by the records of votes of the members of your Committees on Consumer Protection & Commerce and Judiciary that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 1190, S.D. 2, H.D. 1, as amended herein, and recommend that it be referred to your Committee on Finance, in the form attached hereto as S.B. No. 1190, S.D. 2, H.D. 2.
Respectfully submitted on behalf of the members of the Committees on Consumer Protection & Commerce and Judiciary,
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____________________________ CHRIS LEE, Chair |
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____________________________ ROY M. TAKUMI, Chair |
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