| Measure Title: | RELATING TO REAL PROPERTY LEASE CONTRACTS. |
| Report Title: | Real Property Leases; Renegotiation |
| Description: | Requires, in leasehold renegotiations, that a rent based on fair market value shall apply even if the value is lower than existing rent and the lease 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 January 1, 1990. |
| Package: | None |
| Companion: | |
| Introducer(s): | SAY (BR) |
| Current Referral: | CPC |
| Date | Status Text | |
|---|---|---|
| 1/22/2003 | H | Introduced |
| 1/24/2003 | H | Pass First Reading |
| 1/27/2003 | H | Referred to CPC, FIN, referral sheet 4. |
| 8/21/2003 | D | Carried over to 2004 Regular Session |
| 2/27/2004 | H | Re-referred to CPC, referral sheet 25. |
| 2/27/2004 | H | Bill scheduled to be heard by CPC on Monday, 03-01-04 at 3:00 pm in House conference room 325. |
| 3/1/2004 | H | The committee(s) recommends that the measure be deferred until 3/3/2004 at 1:30 pm. |
| 3/2/2004 | H | Bill scheduled for decision making on Wednesday, 03-03-04 at 1:35 pm in conference room 325. |
| 3/3/2004 | H | The committees on CPC recommend that the measure be HELD. The votes were as follows: 9 Ayes: Representative(s) Hiraki, Herkes, Caldwell, B. Oshiro, Sonson, Marumoto, Stonebraker; Ayes with reservations: Representative(s) Finnegan, Thielen; 0 Noes: none; and 6 Excused: Representative(s) Chang, Ito, Kanoho, Lee, M. Oshiro, Souki. |
$ = Appropriation measure
ConAm = Constitutional Amendment