STAND. COM. REP. NO. 1121

Honolulu, Hawaii

, 2023

RE: H.B. No. 567

H.D. 2

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 567, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO THE DEPARTMENT OF HAWAIIAN HOME LANDS,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Exempt certain projects of the Department of Hawaiian Home Lands from general excise taxes;

(2) Make permanent the exemption of certain housing developed by the Department of Hawaiian Home Lands from school impact fee requirements;

(3) Ensure that the $600,000,000 appropriated to the Department of Hawaiian Home Lands in Act 279, Session Laws of Hawaii 2022, is available for expenditure until June 30, 2025; and

(4) Make permanent the issuance of county affordable housing credits to the Department of Hawaiian Home Lands.

Your Committee received testimony in opposition to this measure from the Center for Hawaiian Sovereignty Studies. Your Committee received comments on this measure from the Department of Taxation, Department of Hawaiian Home Lands, Department of Education, School Facilities Authority, Tax Foundation of Hawaii, and Land Use Research Foundation Hawaii.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 567, H.D. 2, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

KYLE T. YAMASHITA, Chair