HI HB1391

Establishes a land and asset management task force within the Department of Hawaiian Homelands to review current operations and administration of Hawaiian Homes Commission Act responsibilities.

Task force membership includes the DHHL director, Office of Hawaiian Affairs representative, Hawaii banking community representative experienced in leasehold lending, Hawaii business community representative familiar with real estate development, and a federal loan guarantee program representative (such as Fannie Mae or Freddie Mac).

Task force required to determine best practices for fulfilling Hawaiian Homes Commission Act mandates, develop solutions to reduce or eliminate waitlist delays for land lease beneficiaries, and explore creative self-funding solutions through asset leveraging.

Task force must submit findings, recommendations, and proposed legislation to the legislature no later than 20 days prior to the 2020 regular session convening; task force ceases to exist on June 30, 2021.

Appropriates general revenues for fiscal years 2019-2020 and 2020-2021 for travel and related task force expenses (amount not specified in bill text).