Bill Text: HI SB3156 | 2024 | Regular Session | Amended
Bill Title: Relating To Rent Credits For Demolition And Infrastructure Costs On Public Land Leases.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2024-02-13 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. [SB3156 Detail]
Download: Hawaii-2024-SB3156-Amended.html
THE SENATE |
S.B. NO. |
3156 |
THIRTY-SECOND LEGISLATURE, 2024 |
S.D. 1 |
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STATE OF HAWAII |
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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
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approval [and shall be repealed on June 30, 2026; provided that section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 Statutory material to be repealed is bracketed and stricken.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 on July 1, 2050.
Report Title:
Public Land Leases; Rent Credit; Sunset Provision
Description:
Repeals the sunset provision of Act 222, SLH 2021, to allow the Board of Land and Natural Resources to approve rent credits for demolition and infrastructure costs for public land leases beyond the currently scheduled sunset date of June 30, 2026. Takes effect 7/1/2050. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.