STAND. COM. REP. NO. 204

Honolulu, Hawaii

, 2025

RE: H.B. No. 528

H.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Madame:

Your Committee on Housing, to which was referred H.B. No. 528 entitled:

"A BILL FOR AN ACT RELATING TO RESIDENTIAL LEASEHOLDS,"

begs leave to report as follows:

The purpose of this measure is to exempt state and county lands leased after July 1, 2025, for an initial period of no less than ninety-nine years from residential leasehold and residential leasehold condominium and cooperative housing corporation requirements.

Your Committee received testimony in support of this measure from the Hawaii Housing Finance and Development Corporation.

Your Committee finds that existing residential leasehold requirements apply to all state and county lands. This measure exempts these lands for an initial period of no less than ninety-nine years from state law governing residential leasehold and residential leasehold condominium and cooperative housing corporation requirements.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 3000, to encourage further discussion; and

(2) Making technical, nonsubstantive amendments for clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 528, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 528, H.D. 1, and be referred to your Committee on Water & Land.

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

____________________________

LUKE A. EVSLIN, Chair