THE SENATE |
S.B. NO. |
583 |
THIRTY-THIRD LEGISLATURE, 2025 |
S.D. 2 |
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STATE OF HAWAII |
H.D. 1 |
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A BILL FOR AN ACT
RELATING TO NAMING RIGHTS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"§109- Stadium facility; naming rights;
marketing; advertising. (a) Notwithstanding any law to the contrary,
chapter 102 shall not apply to concessions within the stadium facility.
(b) The stadium authority may lease the naming rights of the
stadium facility or any portion of the stadium facility or building therein
to any public or private entity.
(c) Any revenues derived from advertising or marketing in or on the stadium facility, including revenues derived under subsection (b), shall be deposited into the stadium development special fund under section 109-3.5."
SECTION 2. Chapter 201B, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§201B- Convention center facility; naming rights;
marketing; advertising. (a) Notwithstanding any law to the contrary,
chapter 102 shall not apply to concessions in or on the convention center
facility.
(b) The authority may lease the naming rights of
the convention center facility or any portion of the convention center facility
to any public or private entity.
(c) Any revenues derived from advertising or
marketing in or on the convention center facility, including revenues derived
under subsection (b), shall be deposited into the convention center enterprise
special fund under section 201B-8."
SECTION 3. Section 109-3.5, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is established in the
state treasury the stadium development special fund, into which funds collected
by the stadium authority shall be deposited, including:
(1) All revenues from the stadium
development district, including but not limited to [agreements]:
(A) Any agreement or [actions] action generating
revenue related to stadium operations[,];
(B) The lease or rental of facilities or land, [concessions,];
(C) Advertising or marketing, including revenues derived under
section 109- ;
(D) Any concession;
(E) The food and beverage[,] service;
(F) The parking[, sponsorship] facilities;
(G) Sponsorship and advertising[,utilities and]; and
(H) Utilities, infrastructure, and development;
(2) All gifts or grants awarded in any form from any public agency or any other source for purposes of the stadium development district;
(3) All proceeds from revenue bonds issued for the purpose of the stadium development district; and
(4) Appropriations made by the legislature to the fund."
SECTION 4. Section 201B-8, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is established the convention center enterprise special fund, into which shall be deposited:
(1) A portion of the revenues from the transient accommodations tax, as provided by section 237D-6.5;
(2) All
revenues or moneys derived from the operations of the convention center to
include all revenues from [the]:
(A) The
food and beverage service[, all revenues from the];
(B) The parking facilities [or from any];
(C) Any concession[, and all revenues from the];
(D) The sale of souvenirs, logo items, or any other items
offered for purchase at the convention center; and
(E) Advertising or marketing, including revenues derived under
section 201B- ;
(3) Private contributions, interest, compensation, gross or net revenues, proceeds, or other moneys derived from any source or for any purpose arising from the use of the convention center facility; and
(4) Appropriations by the legislature for marketing the facility pursuant to section 201B-7(a)(7)."
SECTION 5.
Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 6. This Act shall take effect on July 1, 3000.
Report Title:
Naming Rights; Stadium; Convention Center; Concessions; Advertising; Marketing; Special Fund
Description:
Allows the naming rights of the Stadium and Convention Center to be leased to any public or private entity. Requires any revenues derived from advertising or marketing in or on the Stadium or Convention Center to be deposited into the appropriate special fund of the facility. Effective 7/1/3000. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.