HB 576 Summary

• Amends Hawaii Revised Statutes § 201H-47 to exempt transfers of Hawaiian Home Lands from the buyback restrictions and transfer limitations that apply to other real property developed under Hawaii Housing Finance and Development Corporation programs.

• Hawaiian Home Lands transfers shall instead be governed exclusively by the Hawaiian Homes Commission Act, 1920, including the requirement for ninety-nine-year lease terms.

• Makes clarifying edits to existing statutory language, including replacing "prior to" with "before" and "is authorized to" with "may" in subsections (f) and (i).

• Effective date set for July 1, 3000, with provision that amendments shall not be repealed when the statute is reenacted on June 30, 2028, per Act 92, Session Laws of Hawaii 2023.