HB 1285 Summary

• Authorizes the Stadium Authority to sell or lease naming rights to Aloha Stadium and its facilities as a revenue source for operating expenses.

• Adds new power (9) to Section 109-2, Hawaii Revised Statutes, granting the Stadium Authority explicit authority to sell or lease naming rights to any entity.

• Amends Section 445-112, Hawaii Revised Statutes, to permit outdoor advertising devices displaying stadium names pursuant to naming rights agreements, limited to the stadium name only without images or additional text.

• Revenue generated from naming rights sales or leases would be directed to assist with funding the stadium's operating expenses.

• Effective upon approval.