Bill Text: HI SCR90 | 2012 | Regular Session | Amended

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Bill Title: Commercial Lessees; Economic Analysis; DBEDT; LRB

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2012-06-22 - (S) Certified copies of resolutions sent, 06-19-12. [SCR90 Detail]

Download: Hawaii-2012-SCR90-Amended.html

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STAND. COM. REP. NO.  1801-12

 

Honolulu, Hawaii

                , 2012

 

RE:   S.C.R. No. 90

      S.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Legislative Management, to which was referred S.C.R. No. 90, S.D. 1, entitled:

 

"SENATE CONCURRENT RESOLUTION REQUESTING THE LEGISLATIVE REFERENCE BUREAU TO UPDATE THEIR 2003 REPORT ANALYZING THE MAJOR PROBLEMS FACED BY COMMERCIAL LESSEES BY INCORPORATING AN ECONOMIC ANALYSIS TO DETERMINE IF THERE IS A NEXUS BETWEEN THE EXISTENCE OF HIGH LEASE RENTS IN HAWAII AND THE STAGNATION OF HAWAII'S ECONOMY,"

 

begs leave to report as follows:

 

     The purpose of this measure is to request:

 

     (1)  The Legislative Reference Bureau to update its 2003 report analyzing the major problems faced by commercial lessees by incorporating an economic analysis to determine if there is a nexus between the existence of high lease rents in Hawaii and the stagnation of Hawaii's economy; and

 

     (2)  The Research and Economic Analysis Division of the Department of Business, Economic Development, and Tourism and the Economic Research Organization at the University of Hawaii at Manoa to conduct the economic analysis.

 

     Citizens for Fair Valuation and many concerned individuals testified in support of this measure.  The Department of Business, Economic Development, and Tourism supported the intent of this measure.  The Small Landowners Association opposed this measure.

 

     As affirmed by the record of votes of the members of your Committee on Legislative Management that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 90, S.D. 1, and recommends its adoption.

 

Respectfully submitted on behalf of the members of the Committee on Legislative Management,

 

 

		____________________________ KYLE T. YAMASHITA, Chair