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HI SB212

Bill

Official Source

Status

Introduced

1/18/2019

Primary Sponsor

Maile Shimabukuro

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Allows Hawaiian Home Lands lessees to use the value of their lease as collateral for loans to build a dwelling on the leased property.

  • Prohibits lenders who are not eligible to be Hawaiian Home Lands lessees from becoming lessees of the subject tract of land.

  • Amends the Hawaiian Homes Commission Act of 1920 by adding a new section on collateral for loans.

  • Effective upon approval by the Hawaii Governor with consent of the United States.

Legislative Description

Relating To Hawaiian Home Lands.

Hawaiian Homes Commission Act

Last Action

The committee on HWN deferred the measure.

3/14/2019

Committee Referrals

Hawaiian Affairs1/22/2019

Full Bill Text

No bill text available