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HI SB7
Bill
Status
3/9/2021
Primary Sponsor
Stanley Chang
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AI Summary
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Grants the Hawaii Housing Finance and Development Corporation (HHFDC) a right of first refusal to develop state lands within a one-half mile radius of rail transit stations, excluding properties owned by the Hawaii Public Housing Authority, Department of Hawaiian Home Lands, or Department of Land and Natural Resources.
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Triggers the right of first refusal whenever any property interest (including leasehold interests) in eligible state lands is transferred.
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Allows state departments or agencies to proceed with property development if the HHFDC declines to exercise its right of first refusal.
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Defines "development" to include planning, redesign, clearance, reconstruction, redevelopment, rehabilitation, and provision of residential, commercial, industrial, and public structures or facilities.
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Takes effect on July 1, 2050.
Legislative Description
Relating To The Hawaii Housing Finance And Development Corporation.
Development
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Todd excused (1).
3/19/2021