Hawaii SB3224 allows lease extensions for agricultural parks with remaining terms of fifteen years or less.
Hawaii SB3224 amends Section 166-11 of the Hawaii Revised Statutes to permit lease extensions for agricultural parks. If a lessee holds a lease with a remaining term of fifteen years or less, the department may extend the lease for an additional thirty years. This extension applies to land covering twenty-five acres or less, located in a county with a population of less than five hundred thousand. The bill repeals existing statutory material and takes effect upon approval.
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