Hawaii 2022 Regular Session

Hawaii Senate Bill SB2537 Compare Versions

Only one version of the bill is available at this time.

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1	1	THE SENATE S.B. NO. 2537 THIRTY-FIRST LEGISLATURE, 2022 STATE OF HAWAII A BILL FOR AN ACT relating to capital improvements. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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3	3	THE SENATE S.B. NO. 2537
4	4	THIRTY-FIRST LEGISLATURE, 2022
5	5	STATE OF HAWAII
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7	7	THE SENATE
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9	9	S.B. NO.
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11	11	2537
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13	13	THIRTY-FIRST LEGISLATURE, 2022
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17	17	STATE OF HAWAII
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31	31	A BILL FOR AN ACT
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37	37	relating to capital improvements.
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43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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47	47	SECTION 1. Section 37-62, Hawaii Revised Statutes, is amended as follows: 1. By amending the definition of "capital investment costs" to read: ""Capital investment costs" means costs, beyond the research and development phase, associated with capital improvements, including the acquisition and development of land[,]; the design and construction of new facilities[, and]; the making of renovations or additions to existing facilities[.]; and the planting of trees having an expected lifespan of at least fifteen years, including any infrastructure additions or improvements necessary to accommodate the trees. Capital investment costs for a program are the sum of the program's capital improvement project costs." 2. By amending the definition of "phases of capital improvement project" to read: ""Phases of capital improvement project" means land acquisition, design, construction, [and] occupancy[.], and planting of trees having an expected lifespan of at least fifteen years." SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 3. This Act shall take effect upon its approval. INTRODUCED BY: _____________________________
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49	49	SECTION 1. Section 37-62, Hawaii Revised Statutes, is amended as follows:
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51	51	1. By amending the definition of "capital investment costs" to read:
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53	53	""Capital investment costs" means costs, beyond the research and development phase, associated with capital improvements, including the acquisition and development of land[,]; the design and construction of new facilities[, and]; the making of renovations or additions to existing facilities[.]; and the planting of trees having an expected lifespan of at least fifteen years, including any infrastructure additions or improvements necessary to accommodate the trees. Capital investment costs for a program are the sum of the program's capital improvement project costs."
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55	55	2. By amending the definition of "phases of capital improvement project" to read:
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57	57	""Phases of capital improvement project" means land acquisition, design, construction, [and] occupancy[.], and planting of trees having an expected lifespan of at least fifteen years."
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59	59	SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
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61	61	SECTION 3. This Act shall take effect upon its approval.
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65	65	INTRODUCED BY: _____________________________
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67	67	INTRODUCED BY:
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69	69	_____________________________
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75	75	Report Title: Capital Improvement Projects; Capital Investment Costs; Trees Description: Amends the definition of "capital investment costs" to include the planting of trees having an expected lifespan of at least 15 years. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
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81	81	Report Title:
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83	83	Capital Improvement Projects; Capital Investment Costs; Trees
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87	87	Description:
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89	89	Amends the definition of "capital investment costs" to include the planting of trees having an expected lifespan of at least 15 years.
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97	97	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.