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HI SB3130

Bill

Status

Engrossed

2/22/2022

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Amends Hawaii Revised Statutes Section 200-10(d) to allow mooring permit holders to transfer permits to new vessel owners when selling their vessel, subject to specific conditions.

  • Requires the sale price of the vessel to exclude the value of the mooring permit, with the department authorized to require an appraisal by a state-licensed appraiser if the sale price appears substantially different from fair market value.

  • Imposes a $150 mooring permit transfer fee payable by the seller to the department.

  • Specifies that mooring permits cannot be transferred without a corresponding vessel sale, and failure to comply results in automatic permit termination.

  • Provides that principal habitation permits on the vessel shall not transfer to the new owner and shall automatically terminate upon vessel sale.

  • Allows commercial vessel owners to transfer vessel ownership from personal to corporate or business entity ownership while retaining mooring and commercial permits.

Legislative Description

Relating To Transferability Of Mooring Permits.

Department of Land and Natural Resources

Last Action

Referred to WAL, FIN, referral sheet 24

3/10/2022

Committee Referrals

Water & Land3/10/2022
Ways and Means2/9/2022
Water and Land1/26/2022

Full Bill Text

No bill text available