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HI HB1689
Bill
Status
1/15/2014
Primary Sponsor
Cindy Evans
Click for details
AI Summary
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Requires the University of Hawaii Board of Regents to calculate transfers to the Office of Hawaiian Affairs based on fair market value of Mauna Kea land use rather than actual rents and fees collected, to satisfy requirements of Act 178 (Session Laws of Hawaii 2006).
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Mandates the Board of Regents submit an annual report to the legislature detailing fair market value-based rents calculated and amounts transferred to the Office of Hawaiian Affairs, reported as both a percentage of actual rents collected and as a percentage of fair market value-based rent.
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Clarifies that rents and fees charged for use of Mauna Kea lands and related facilities shall be deposited into the Mauna Kea Lands Management Special Fund.
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Allows the Board of Regents to establish fees at open public meetings under chapter 92 while remaining exempt from public notice, hearing, and gubernatorial approval requirements of chapter 91.
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Takes effect July 1, 2525.
Legislative Description
UH; Mauna Kea Lands; Lease Revenues; Mauna Kea Lands Management Special Fund
Last Action
Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Cachola, Carroll, Creagan, Nakashima, Takumi excused (5).
2/14/2014