Hawaii House bill in Session 2026.
Status: in_committee. Latest action: January 23, 2025.
Long-term Commercial Lease; Rent Renegotiations; Lessees; Lessors.
Prohibits the resetting of lease rents for long-term commercial leases above a level that is economic for the lessee's actual use of the property. Requires that a lessee whose long-term commercial lease has been terminated be compensated for the value of buildings, infrastructure, and businesses created by the lessee that will be retained by the lessor. Allows a lessee the right to purchase the property at fair market value.
| Date | Event | Detail |
|---|---|---|
| 0000-00-00 | Introduced | Bill introduced |
| 2025-01-23 | Status | in_committee |
| 2025-01-23 | Latest Action | Referred to CPC, JHA, referral sheet 3 |