STAND. COM. REP. NO. 2929

Honolulu, Hawaii

RE: S.B. No. 2066

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Judiciary, to which was referred S.B. No. 2066, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

The purpose and intent of this measure is to require certain projects meeting the criteria of section 201H-38(a)(1), Hawaii Revised Statutes (HRS), to be exclusively for sale or rent to qualified residents as defined in section 201H-32, HRS, who are deemed to be a moderate income household.

Your Committee received comments on this measure from the Hawaii Housing Finance and Development Corporation and NAIOP Hawaii.

Your Committee finds that the State has been building homes at a rate of only two thousand units per year, far lower than the ten thousand necessary to house residents. The State's limited housing production coupled with sky-high demand drives Hawaiʻi's people to the mainland, causing the State's population to decline for the last seven consecutive years. This measure aims to mitigate this exodus through making housing available to residents who meet certain criteria.

Your Committee has amended this measure by inserting an effective date of April 14, 2112, to encourage further discussion.

As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2066, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2066, S.D. 2.

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

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KARL RHOADS, Chair