SB427

Hawaii SB427 restricts public land leases to ensure lessees meet financial and legal obligations.

Hawaii SB427 amends lease regulations for public lands, prohibiting renewal options and limiting lease terms to 65 years, or 55 years for residential leases with extensions possible. It mandates that lessees must be in good standing with the state, meaning they must have paid all owed taxes, rents, and other obligations. The bill also reserves mineral and metallic rights and surface and ground water to the state. If a lessee is found not to be in good standing, they have three years to correct the violation or face lease termination.