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Committee recommends HB 1718 with amendments to protect vested mixed‑use transit projects
Summary
The committee recommended passing HB 1718 HT1 with amendments to limit authority to mixed-use transit‑oriented developments, delete a sunset clause, and preserve authority for projects vested by county approval before July 1, 2033.
The Senate Committee on Energy and Intergovernmental Affairs voted to recommend passage of HB 1718 HT1 with amendments intended to align the bill with previous housing-committee changes.
Under the recommended amendments, the authority in the bill would be confined to mixed‑use transit‑oriented developments that include housing along a locally preferred mass-transit alternative. The committee deleted language providing a repeal date tied to section 46‑15.1 of the Hawaii Revised Statutes and added language specifying that the bill’s changes to section 46‑15.1 apply only to bonds originally issued prior to July 1, 2033.
The amendments also state that the authority provided by the amended section 46‑15.1 shall continue to apply to any mixed‑use development project for which, prior to July 1, 2033, the county has obtained county-council approval or entered into a binding agreement (including purchase, predevelopment, development agreements, or ground leases). Such projects would be deemed vested and may proceed to completion notwithstanding subsequent repeal or modification of the authority.
The clerk announced the recommendation to pass with amendments and recorded affirmative votes from the chair, vice chair, and a majority of present senators; the recommendation was adopted.
