Title:
Nonprofit Corporations; County Concessions
Description:
Provides and exemption to nonprofit corporations from the fifteen year limit on the grant of county concessions or concession space.
HOUSE OF REPRESENTATIVES |
H.B. NO. |
1756 |
TWENTY-FOURTH LEGISLATURE, 2007 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO COUNTY CONCESSIONS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 102-2, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) Except as otherwise specifically
provided by law, no concession or concession space shall be leased, let,
licensed, rented out, or otherwise disposed of either by contract, lease,
license, permit, or any other arrangement, except under contract let
after public notice for sealed bids in the manner provided by law; provided
that the duration of the grant of the concession or concession space shall be
related to the investment required but in no event to exceed fifteen years[.];
provided further that and subject to approval by county council resolution, the
fifteen-year limit shall not apply to nonprofit corporations organized pursuant
to chapter 414D."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: |
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