STAND. COM. REP. NO. 3054

Honolulu, Hawaii

RE: S.B. No. 2809

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2809, S.D. 1, 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 Director of Finance to issue general obligation bonds and appropriate moneys to the Department of Business, Economic Development, and Tourism for certain transit-oriented development projects.

Your Committee received written comments in support of this measure from the Office of Planning, Hawaii Housing Finance and Development Corporation, and Hawaii Interagency Council for Transit-Oriented Development.

Your Committee finds that the Department of Business, Economic Development, and Tourism's Office of Planning requires funds for statewide planning and coordination for certain transit-oriented development projects that are identified in the state strategic plan. Your Committee recognizes that transit-oriented development is essential to the development of projects on state lands that are in close proximity to transit stations.

Your Committee has amended this measure by changing the effective date to July 1, 2050, to facilitate further discussion on the measure.

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. 2809, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2809, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

________________________________

DONOVAN M. DELA CRUZ, Chair