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HI SB2502

Bill

Official Source

Status

Introduced

1/21/2022

Primary Sponsor

Stanley Chang

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Increases maximum lease term for Hawaii Community Development Authority property from 65 years to 99 years for sales and leases without public auction
  • Retains 65-year maximum lease term specifically for leases of ceded lands
  • Specifies that leases in the stadium development district shall not exceed 99 years
  • Takes effect on July 1, 2050

Legislative Description

Relating To Hawaii Community Development Authority.

Hawaii Community Development Authority

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.

2/18/2022

Committee Referrals

Ways and Means2/18/2022
Water and Land1/24/2022

Full Bill Text

No bill text available