| Measure Title: | RELATING TO LEASEHOLD. |
| Report Title: | Real Property Leases; Renegotiation |
| Description: | Requires, in leasehold renegotiations, that a rent based on fair market value shall apply even if value is lower than existing rent and contract bars the lowering of rent upon renegotiation. Allows a one-time rent adjustment to reflect fair market value for any existing lease renegotiated after 1/1/90. |
| Package: | None |
| Companion: | |
| Introducer(s): | CHUN OAKLAND, SAKAMOTO, TANIGUCHI, BUNDA, KOKUBUN, HOGUE, TAM, FUKUNAGA, SLOM, Ihara, Ige |
| Current Referral: | CPH, JDC |
| Date | Status Text | |
|---|---|---|
| 1/22/2002 | S | Introduced and passed First Reading. |
| 1/28/2002 | S | Referred to CPH, JDC. |
$ = Appropriation measure
ConAm = Constitutional Amendment