Bill Text: HI HB1606 | 2010 | Regular Session | Amended

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Bill Title: Leasehold Conversion; Business Properties

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [HB1606 Detail]

Download: Hawaii-2010-HB1606-Amended.html

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STAND. COM. REP. NO.  233

 

Honolulu, Hawaii

                , 2009

 

RE:   H.B. No. 1606

      H.D. 1

 

 

 

 

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. 1606 entitled:

 

"A BILL FOR AN ACT RELATING TO LEASEHOLD CONVERSION,"

 

begs leave to report as follows:

 

     The purpose of this bill is to stimulate economic revitalization of business properties and business in Hawaii by establishing a mandatory lease-to-fee conversion program for business properties.

 

     The Department of the Attorney General, Hawaii Housing Finance and Development Corporation, Department of Taxation, Kamehameha Schools, Alexander & Baldwin, Inc., and several concerned individuals opposed this bill.

 

     Your Committee heard testimony from the Department of the Attorney General that this bill might violate the "takings" provisions of the Fourth and Fourteenth Amendments of the United States Constitution if no justifying public purpose was set forth in the bill.

 

     Accordingly, this bill has been amended to include a purpose section.  Technical, nonsubstantive amendments were also made for clarity, consistency, and style.

 

     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. 1606, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1606, H.D. 1, and be referred to the Committee on Judiciary.

 

Respectfully submitted on behalf of the members of the Committee on Economic Revitalization, Business, & Military Affairs,

 

 

		____________________________ ANGUS L.K. MCKELVEY, Chair