Hawaii State Legislature
2004 Legislative Session

SB903

Generated on 7/19/2004 11:35:45 AM

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: Small Business Caucus
Companion:
Introducer(s): CHUN OAKLAND, Fukunaga, Sakamoto, Slom, Hemmings
Current Referral:CPH

Date Status Text
1/21/2003SIntroduced and passed First Reading.
1/24/2003SReferred to CPH/TMG, WAM.
1/30/2003SRe-Referred to CPH.
8/21/2003DCarried over to 2004 Regular Session.

$ = Appropriation measure
ConAm = Constitutional Amendment