Bill Text: HI SB1119 | 2010 | Regular Session | Amended
Bill Title: Affordable Housing; Transfer of Development Rights and Credits
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [SB1119 Detail]
Download: Hawaii-2010-SB1119-Amended.html
Report Title:
Affordable Housing; Transfer of Development Rights and Credits
Description:
Provides incentives for the production of affordable housing by authorizing the office of planning to transfer development rights and credits; requires conditions to be established by rule; requires the office of planning to convene a working group to develop a plan and recommendations to enhance and encourage the development of affordable housing and report to the 2010 legislature. (SD1)
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THE SENATE |
S.B. NO. |
1119 |
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TWENTY-FIFTH LEGISLATURE, 2009 |
S.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO AFFORDABLE HOUSING.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The purpose of this Act is to provide incentives for the production of affordable housing by authorizing the transfer of development rights and credits by the office of planning, and directing the office of planning to convene a working group to develop a plan and recommendations to enhance and encourage the development of affordable housing, as defined in section 201H‑57, Hawaii Revised Statutes, through the transfer of development rights and credits to transit-oriented development districts, and to report to the 2010 legislature.
SECTION 2. Chapter 225M, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§225M- Transfer of development rights and credits. The office of planning is authorized to transfer and regulate the transfer of development rights and credits, subject to conditions established by rule pursuant to chapter 91.
The purpose of providing for the transfer of development rights and credits shall be to enhance the development of affordable housing. For the purposes of this section "affordable housing" shall have the same meaning as in section 201H‑57."
SECTION 3. (a) There is established a working group, to be placed within the office of planning for administrative purposes only, to develop a plan and recommendations to enhance and encourage the development of affordable housing, as defined in section 201H-57, Hawaii Revised Statutes, through the transfer of development rights and credits to transit-oriented development districts that may be created around transit stations located along the city and county of Honolulu's locally preferred alternative route.
(b) The working group shall be comprised of the following members:
(1) Two members of the senate appointed by the president of the senate;
(2) Two members of the house of representatives appointed by the speaker of the house of representatives;
(3) Two members appointed by the governor; and
(4) One member appointed by the mayor of the city and county of Honolulu.
(c) The office of planning shall report to the legislature no later than twenty days prior to the convening of the regular session of 2010, on the plan and recommendations developed by the working group.
SECTION 4. New statutory material is underscored.
SECTION 5. This Act shall take effect upon its approval.
