Bill Text: HI HB1388 | 2010 | Regular Session | Amended

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Bill Title: Airports; Airport Concessions; Leases

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [HB1388 Detail]

Download: Hawaii-2010-HB1388-Amended.html

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STAND. COM. REP. NO.  867

 

Honolulu, Hawaii

                , 2009

 

RE:   H.B. No. 1388

      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 Finance, to which was referred H.B. No. 1388, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO AIRPORT CONCESSIONS,"

 

begs leave to report as follows:

 

     The purpose of this bill is to provide measured relief to airport concessionaires by:

 

     (1)  Providing for annual adjustments in guaranteed rents to be paid to the State by airport concessionaires;

 

     (2)  Requiring each airport concession lease to provide for, or be modified and adjusted to provide for, certain economic emergency relief provisions;

 

     (3)  Specifying that prior to granting any relief pursuant to the economic relief provisions of an airport concession lease, the Director of Transportation shall first take into account any prior relief granted to the concessionaire to avoid duplication of relief benefits; and

 

     (4)  Specifying that a concessionaire that qualifies for relief may only seek relief for the period of time on or after November 1, 2006. 

 

     The Department of Transportation and Airlines Committee of Hawaii opposed this measure.  HMSHost Corporation, International Currency Exchange, Airport Concessionaires Committee, and Smarte Carte, Inc., submitted comments. 

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1388, H.D. 1, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

		____________________________ MARCUS R. OSHIRO, Chair