STAND.
COM. REP. NO. 1444
Honolulu, Hawaii
, 2021
RE: S.B. No. 1121
S.D. 2
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Sir:
Your Committee on Judiciary & Hawaiian Affairs, to which was referred S.B. No. 1121, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO HOUSING,"
begs leave to report as follows:
Your Committee received testimony in support of this measure from the Department of Taxation, Department of Hawaiian Home Lands, Office of Hawaiian Affairs, Hawaiian Affairs Caucus of the Democratic Party of Hawai‘i, Partners in Care, Catholic Charities Hawai‘i, and Community Alliance Partners. Your Committee received comments on this measure from the Department of Budget and Finance and Tax Foundation of Hawaii.
Your Committee finds that lands utilized by the Department of Hawaiian Home Lands to provide housing for native Hawaiians are offered at affordable rates when compared to similar housing available in Hawaii. The Department of Hawaiian Home Lands currently has four large-scale development projects underway for consideration by the Hawaii Housing Finance and Development Corporation for general excise tax exemptions. The estimated general excise tax savings for these four projects is $9,561,500. Your Committee further finds that the cost savings for these projects could be used to develop more Hawaiian home land lots.
As affirmed by the record of votes of the members of your Committee on Judiciary & Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1121, S.D. 2, and recommends that it pass Second Reading and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Judiciary & Hawaiian Affairs,
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____________________________ MARK M. NAKASHIMA, Chair |
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