Bill Text: HI SB1005 | 2021 | Regular Session | Introduced
Bill Title: Relating To Lands Controlled By The State.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-01-29 - Referred to WTL/HOU, JDC. [SB1005 Detail]
Download: Hawaii-2021-SB1005-Introduced.html
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THE SENATE |
S.B. NO. |
1005 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to lands controlled by the state.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 171-64.7, Hawaii Revised Statutes, is amended by amending subsection (f) to read as follows:
"(f) This section shall not apply to [sales]:
(1) Sales or
gifts of lands described in subsection (a) between state departments or
agencies[, to sales];
(2) Sales of
available lands under the Hawaiian Homes Commission Act[, or to the fee];
(3) Fee simple [sale]
sales of affordable homes on lands not classified as government or crown
lands previous to August 15, 1895, or exchanged subsequent to August 15, 1895,
for lands classified as government or crown lands previous to August 15, 1895,
that are subject to resale restrictions as set forth in section 201H-47 and
that were acquired by the Hawaii housing finance and development corporation
either at a foreclosure sale or under a buyback as authorized in section 201H‑47[.];
or
(4) Individual
sales of the leased fee interest in a leasehold condominium unit or single-family
house lot to its lessee by the Hawaii housing finance and development
corporation; provided that:
(A) One
of the corporation's predecessor agencies approved the sale of the leased fee
interest no later than November 4, 1994, to lessees of the condominium or development
in which the unit or house lot is located;
(B) The
leased fee interest in more than fifty per cent of all units in the condominium
or development in which the unit or house lot is located was sold or otherwise
transferred prior to July 13, 2009; and
(C) The
sale is to the lessee of record of the unit or house lot."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
HHFDC; Lands Controlled by the State; Exemption from Legislative Approval of Sale or Gift of Lands
Description:
Exempts from legislative approval the sale of the leased fee interest in certain affordable leasehold developments by the Hawaii housing finance and development corporation.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
