STAND. COM. REP. NO. 308-22

Honolulu, Hawaii

, 2022

RE: H.B. No. 2023

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2022

State of Hawaii

Sir:

Your Committees on Transportation and Housing, to which was referred H.B. No. 2023 entitled:

"A BILL FOR AN ACT RELATING TO TRANSIT-ORIENTED DEVELOPMENT,"

beg leave to report as follows:

The purpose of this measure is to authorize the issuance of general obligation bonds and appropriate funds for certain transit-oriented development projects identified in the Hawaii Strategic Plan for Transit-Oriented Development.

Your Committees received testimony in support of this measure from the Office of Planning and Sustainable Development, Hawaii Housing Finance and Development Corporation, and one individual.

Your Committees find that the promotion of mixed-use development and affordable housing within transit-oriented development areas within the State is one of the most viable means for stimulating economic development opportunities and addressing the need for affordable housing. Since the establishment of the Hawaii Interagency Council for Transit-Oriented Development, the State has appropriated capital improvement project funds to support planning of transit-oriented development projects throughout the State. This measure further maintains and enhances the capacity to support planning of state and county transit-oriented development projects, including infrastructure assessments, mixed-use development, and affordable housing.

Your Committees note that the measure contains an appropriation amount of $2,000,000 in general obligation bonds for transit-oriented development projects identified in the Hawaii Strategic Plan for Transit-Oriented Development and request that the amount be taken into consideration by your Committee on Finance.

Your Committees have amended this measure by:

(1) Changing the amount of general obligation bonds issued for transit-oriented development projects to an unspecified amount;

(2) Changing the effective date to July 1, 2050, to encourage further discussion; and

(3) Making a technical, nonsubstantive amendment for the purposes of clarity, consistency, and style.

As affirmed by the records of votes of the members of your Committees on Transportation and Housing that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 2023, as amended herein, and recommend that it pass Second Reading in the form attached hereto as H.B. No. 2023, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committees on Transportation and Housing,

____________________________ NADINE K. NAKAMURA, Chair

____________________________ HENRY J.C. AQUINO, Chair