Bill Text: HI HB2467 | 2024 | Regular Session | Amended

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Bill Title: Relating To Rent Credits For Demolition And Infrastructure Costs On Public Land Leases.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2024-07-08 - Act 219, 07/08/2024 (Gov. Msg. No. 1320). [HB2467 Detail]

Download: Hawaii-2024-HB2467-Amended.html

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HOUSE OF REPRESENTATIVES	H.B. NO.	2467
THIRTY-SECOND LEGISLATURE, 2024		H.D. 1
STATE OF HAWAII		S.D. 1
		C.D. 1

A BILL FOR AN ACT

 

 

RELATING TO RENT CREDITS FOR DEMOLITION AND INFRASTRUCTURE COSTS ON PUBLIC LAND LEASES.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  Act 222, Session Laws of Hawaii 2021, is amended by amending section 4 to read as follows:

     "SECTION 4.  This Act shall take effect upon its approval [and shall be repealed on June 30, 2026; provided that section 171-6, Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day prior to the effective date of this Act]."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.

     SECTION 3.  This Act shall take effect upon its approval.

 

 

Report Title:

Public Land Leases; Rent Credits; Sunset Provision Repeal

 

Description:

Repeals the sunset provision of Act 222, Session Laws of Hawaii 2021, to permanently allow the Board of Land and Natural Resources to approve rent credits for demolition and infrastructure costs for public land leases.  (CD1)

 

 

 

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