STAND.
COM. REP. NO. 431
Honolulu, Hawaii
, 2021
RE: H.B. No. 77
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Sir:
Your Committee on Water & Land, to which was referred H.B. No. 77, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO LANDS CONTROLLED BY THE STATE,"
begs leave to report as follows:
The
purpose of this measure is to exempt
the sale of the leased fee interest in certain affordable leasehold
developments by the Hawaii Housing Finance and Development Corporation from
legislative approval.
Your Committee finds that this
measure is necessary to lessen the cost and burden in having to seek
legislative approval of the sale of the leased fee interest in state-owned land. The exemption from legislative approval
proposed by this measure facilitates a process that expedites the development
of affordable housing in the State.
As affirmed by the record of votes of the members of your Committee on Water & Land that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 77, H.D. 1, and recommends that it be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Water & Land,
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____________________________ DAVID A. TARNAS, Chair |
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