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HI HB918
Bill
Status
1/24/2019
Primary Sponsor
Justin Woodson
Click for details
AI Summary
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Extends the maximum lease term for public school lands from 55 years to 99 years under the pilot program established by Act 155 (2013).
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Allows the Department of Education to lease up to three public school land sites to lessees who must modify, construct, or utilize facilities to benefit public educational purposes.
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Requires lessees to maintain facilities for public educational purposes, pay applicable property taxes on improvements, and pay a leasehold premium determined through competitive bidding.
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Permits the Department of Education to enter into leaseback agreements allowing it to lease property from third-party lessees, with the department gaining ownership of improvements after a contractual period.
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Takes effect on July 1, 2050.
Legislative Description
Relating To Public School Lands.
Public School Lands
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on JUD with none voting aye with reservations; none voting no (0) and Representative(s) Nakamura, Thielen excused (2).
2/6/2019