Bill Text: HI SB7 | 2021 | Regular Session | Amended
Bill Title: Relating To The Hawaii Housing Finance And Development Corporation.
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Engrossed - Dead) 2021-03-19 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Todd excused (1). [SB7 Detail]
Download: Hawaii-2021-SB7-Amended.html
|
THE SENATE |
S.B. NO. |
7 |
|
THIRTY-FIRST LEGISLATURE, 2021 |
S.D. 1 |
|
|
STATE OF HAWAII |
H.D. 1 |
|
|
|
|
|
|
|
||
|
|
||
A BILL FOR AN ACT
RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Chapter 201H, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§201H-
Right of first refusal; development.
(a) Notwithstanding any law to the
contrary, the corporation shall have the right of first refusal for the development
of property, in accordance with section 201H-12, for all development on state lands that are within a one-half mile radius of a rail transit
station, excluding lands and properties owned or operated by the Hawaii public
housing authority, department of Hawaiian home lands, or department of land and
natural resources; provided that the right of first refusal shall be triggered by
a transfer of any property interest in lands, including any leasehold interest,
that is within a one-half mile radius of a rail transit station.
(b) If
the corporation does not exercise the right of first refusal to the development
of property, the respective state department or agency may proceed in developing
the property in accordance with applicable law.
(c) As
used in this section, "development" means the planning, replanning, redesign,
clearance, reconstruction, redevelopment, or rehabilitation, or any combination
of these, of state lands or any part thereof, and the provision of the residential,
commercial, industrial, public, and other structures or spaces as may be appropriate
or necessary in the interest of the general welfare, including recreational and
other facilities incidental or appurtenant thereto."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2050.
Report Title:
HHFDC; Right of First Refusal; Development; State Lands
Description:
Authorizes the Hawaii housing finance and development corporation the right of first refusal for the development of property for all development on state lands, excluding Hawaii public housing authority, department of Hawaiian home lands, and department of land and natural resources lands and properties, that are within a one-half mile radius of a rail transit station. Triggers the right of first refusal upon a transfer of any property interest, including a leasehold interest, of state lands that are within a one-half mile radius of a rail transit station. Effective 7/1/2050. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
