Bill Text: HI HB1593 | 2010 | Regular Session | Amended
Bill Title: Leasehold; Commercial and industrial property; Agricultural Lands
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [HB1593 Detail]
Download: Hawaii-2010-HB1593-Amended.html
STAND. COM. REP. NO. 603
Honolulu, Hawaii
, 2009
RE: H.B. No. 1593
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2009
State of Hawaii
Sir:
Your Committee on Economic Revitalization, Business, & Military Affairs, to which was referred H.B. No. 1593 entitled:
"A BILL FOR AN ACT RELATING TO REAL PROPERTY,"
begs leave to report as follows:
The purpose of this bill is to help small businesses to continue to serve the community in their current locations by establishing certain limits on the renegotiation of commercial or industrial lease rent where the terms of the lease require the renegotiated annual rent to be fair and reasonable.
Servco Pacific Inc., Citizens for Fair Valuation, Olelo Community Television, and several concerned individuals testified in support of this bill. Alexander & Baldwin, Inc. opposed this measure.
As affirmed by the record of votes of the members of your Committee on Economic Revitalization, Business, & Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1593 and recommends that it pass Second Reading and be referred to the Committee on Judiciary.
Respectfully submitted on behalf of the members of the Committee on Economic Revitalization, Business, & Military Affairs,
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____________________________ ANGUS L.K. MCKELVEY, Chair |
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