Hawaii SB2596 sets the lease cost for real property between state entities at $1 per year, provided the use aligns with the lessee's mission and no.
Hawaii SB2596 amends Chapter 171 of the Hawaii Revised Statutes to establish a new section on intrastate government leases. It mandates that any real property leased by one state entity to another must be at a cost of no more than $1 per year, provided the use aligns with the lessee's mission and the property is not subleased. This provision does not affect rights, duties, penalties, or proceedings that were already in effect before the bill's approval.
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