summary
Introduced
01/24/2018
01/24/2018
In Committee
04/27/2018
04/27/2018
Crossed Over
03/06/2018
03/06/2018
Passed
05/01/2018
05/01/2018
Dead
Signed/Enacted/Adopted
07/10/2018
07/10/2018
Introduced Session
2018 Regular Session
Bill Summary
Defines the Hilo community economic district. Authorizes BLNR to extend or modify the terms of certain public land leases within the economic district upon approval by BLNR of a lessee's development agreement to make substantial improvements to or construct new improvements on the land as long as the length of any extension granted does not extend the original lease term by more than 40 years. Establishes conditions for BLNR to approve any extension of the fixed rental period of term of certain public land leases in the economic district. Establishes causes of economic hardship for which BLNR may modify or eliminate any of the existing statutory restrictions on public land leases in the economic district, extend or modify the fixed rental period of these leases, or extend the term of these leases and amends the conditions for BLNR's approval of any such modification, elimination, or extension. Establishes a separate request for interest process to public lands in the economic district. Requires qualified bidders to deposit an amount equal to one per cent of the value of the leasehold improvements. (CD1)
AI Summary
This bill establishes a ten-year pilot project to authorize the Board of Land and Natural Resources (BLNR) to extend leases of public land in the Hilo Community Economic District. The goal is to facilitate improvements and economic opportunities in the area by allowing BLNR to extend leases for lessees who commit to making substantial improvements to the existing improvements or constructing new substantial improvements. The bill defines the Hilo Community Economic District, "substantial improvements," and sets conditions for BLNR to approve lease extensions, including requirements for development agreements, appraisals, and a request for interest process for public lands within the district during the last ten years of the original lease term. The bill also allows BLNR to modify or eliminate certain statutory restrictions on these leases in cases of economic hardship caused by state disasters or government actions.
Committee Categories
Agriculture and Natural Resources, Budget and Finance, Business and Industry
Sponsors (9)
Brickwood Galuteria (NP)*,
Lorraine Inouye (D)*,
Kaiali'i Kahele (D)*,
Stanley Chang (D),
Donovan Dela Cruz (D),
Michelle Kidani (D),
Clarence Nishihara (D),
Maile Shimabukuro (D),
Glenn Wakai (D),
Last Action
Act 149, on 07/06/2018 (Gov. Msg. No. 1250). (on 07/10/2018)
Official Document
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