STAND. COM. REP. NO. 2527
Honolulu, Hawaii
S.D. 1
President of the Senate
State of Hawaii
Sir:
Your Committee on Energy, Economic Development, and Tourism, to which was referred S.B. No. 2809 entitled:
"A BILL FOR AN ACT RELATING TO TRANSIT-ORIENTED DEVELOPMENT,"
begs leave to report as follows:
The purpose and intent of this measure is to authorize the issuance of general obligation bonds and appropriate funds for certain transit-oriented development projects.
Your Committee received testimony in support of this measure from Hawaii Housing Finance and Development Corporation.
Your Committee finds that the Office of Planning is the lead agency to coordinate and advance smart growth and transit-oriented development planning within the State. Transit-oriented development is essential to developing mixed-use, mixed-income projects on state lands in close proximity to transit stations. Your Committee further finds that the Office of Planning requires funds for statewide planning and coordination for certain transit-oriented development projects that are identified in the state strategic plan. This measure will provide the necessary funds for certain transit-oriented development projects in the State.
Your Committee has amended this measure by:
(1) Changing the general obligation bond amount to an unspecified amount; and
(2) Making a technical, nonsubstantive amendment for the purposes of clarity and consistency.
As affirmed by the record of votes of the members of your Committee on Energy, Economic Development, and Tourism that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2809, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2809, S.D. 1, and be referred to your Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Energy, Economic Development, and Tourism,
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________________________________ GLENN WAKAI, Chair |
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