HB 958 Summary

• Exempts certain individual home and condominium unit sales by the Hawaii Housing Finance and Development Corporation from legislative approval requirements under section 171-64.7, Hawaii Revised Statutes.

• Exemption applies when a predecessor agency approved fee interest sales to lessees by November 4, 1994, more than 50 percent of units in the development were sold prior to July 13, 2009, and the sale is to the current lessee.

• Lists 6 specific house lots in Kaneohe, Lihue, and Kapolei as exempt from legislative approval requirements.

• Lists 17 specific condominium units in Mililani and Honolulu as exempt from legislative approval requirements.

• Lists 46 specific house lots on government or crown lands in Kaunakakai, Honolulu, and Waimanalo as exempt from legislative approval requirements.