HB 917 Summary

• Requires the City and County of Honolulu to convey fee simple title of property at TMK 2-4-002-019 (Student Transportation Service Office - Young Street) to the Department of Education via quitclaim deed.

• Property transfer is exempt from Hawaii's transfer tax under section 247-1, Hawaii Revised Statutes, as it involves only State agencies.

• Department of Education must accept the property in its existing condition and waives all claims and liabilities against the City regarding the property's physical, environmental, soil, economic, and legal conditions.

• Includes a reversion clause allowing the property to revert to the City and County of Honolulu if it is not used for "public educational purposes," which includes revenue-generating uses that benefit the Department of Education's mission.

• Appropriates funds (amount not specified in text) from general revenues for fiscal year 2019-2020 as a grant to the City and County of Honolulu to prepare, execute, and record the required quitclaim deeds; transfer work must begin by December 31, 2019.