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THE SENATE |
S.B. NO. |
2074 |
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THIRTY-THIRD LEGISLATURE, 2026 |
S.D. 1 |
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STATE OF HAWAII |
H.D. 3 |
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A BILL FOR AN ACT
RELATING TO STATE FACILITIES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"§102- Applicability; exception. This chapter shall not apply to concessions within the stadium facility that are under the jurisdiction of the stadium authority."
SECTION 2. Chapter 109, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§109- Stadium facility; naming rights;
marketing; advertising. (a) The stadium authority
may lease the naming rights of the stadium facility or any portion of the
stadium facility or building therein to any public or private entity.
(b) Any revenues derived from advertising or marketing in or on the stadium facility, including revenues derived under subsection (a), shall be deposited into the stadium development special fund under section 109-3.5."
SECTION 3. Section 109-3.5, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is established in the
state treasury the stadium development special fund, into which funds collected
by the stadium authority shall be deposited, including:
(1) All revenues from the stadium
development district, including but not limited to [agreements]:
(A) Any agreement or [actions] action generating
revenue related to stadium operations[,];
(B) The lease or rental of facilities or land[, concessions,];
(C) Advertising or marketing, including revenues derived under
section 109- ;
(D) Any concession;
(E) The food and beverage[,] service;
(F) The parking[, sponsorship] facilities;
(G) Sponsorship and advertising[, utilities and]; and
(H) Utilities, infrastructure, and development;
(2) All gifts or grants awarded in any form from any public agency or any other source for purposes of the stadium development district;
(3) All proceeds from revenue bonds issued for the purpose of the stadium development district; and
(4) Appropriations made by the legislature to the fund."
SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 5. This Act shall take effect on July 1, 3000.
Report Title:
Stadium Authority; Naming Rights; Stadium; Concessions; Marketing; Stadium Development Special Fund
Description:
Exempts concessions within the Stadium Facility that are under the jurisdiction of the Stadium Authority from chapter 102, HRS. Allows the naming rights of the Stadium Facility to be leased to any public or private entity. Requires any revenues derived from advertising or marketing in or on the Stadium Facility to be deposited into the Stadium Development Special Fund. Effective 7/1/3000. (HD3)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.