Bill Text: HI SB3101 | 2016 | Regular Session | Introduced
Bill Title: Department of Business, Economic Development, and Tourism; Feasibility Study; Appropriation ($)
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2016-04-29 - Conference Committee Meeting will reconvene on Friday, 04-29-16 at 5:45PM in Conference Room 423. [SB3101 Detail]
Download: Hawaii-2016-SB3101-Introduced.html
|
THE SENATE |
S.B. NO. |
3101 |
|
TWENTY-EIGHTH LEGISLATURE, 2016 |
|
|
|
STATE OF HAWAII |
|
|
|
|
|
|
|
|
||
|
|
||
A BILL FOR AN ACT
RELATING TO PUBLIC-PRIVATE PARTNERSHIPS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that the State needs creative mechanisms to generate revenues in order to address increased spending on public services, repairs, maintenance on facilities, and to catch up on the backlog of projects. As demand for public services and the costs for such services continue to increase, proposals to offset these costs include increasing the general excise tax, raiding various funds, discontinuing services, or closure of facilities.
Partnerships with the private sector bring enhanced efficiencies to funding, faster and less expensive project implementation, economic development and investment opportunities, and access to private sector expertise, enabling the sustainable management and maintenance of facilities. For example, Houston's NRG Stadium was completed for $450,000,000 in 2002. By creating a public-private partnership, the public sector financed forty-three per cent of the project and the private sector contributed the remaining balance. Today, it is estimated that the Houston Texans football team deliver an annual economic impact of $250,000,000, which creates thousands of local jobs and small businesses surrounding the stadium. These types of public-private partnerships demonstrate that complete state financing and maintenance is not always the most cost-effective or efficient method of managing a public project.
The legislature further finds that there is an alignment of initiatives in the governor's state of the state address, as the administration continues to seek partnerships with the private sector. The Hawaii health systems corporation recently established a public-private partnership with Kaiser Permanente on Maui, and there continues to be discussion on projects for public-private partnerships at the current sites of Aloha stadium and Oahu community correctional center. By leveraging these public assets, the State can create opportunities for economic development and reinvestment to provide better facilities for the greater public good.
The legislature also finds that while public-private partnerships are widely encouraged, the State lacks a comprehensive process for all agencies to engage in public-private partnerships. This has led to agencies working in silos to develop their own process.
The purpose of this Act is to require the department of business, economic development, and tourism to conduct a study on the feasibility of establishing a public-private partnership resource agency within the department of business, economic development, and tourism, for all state departments, divisions, and agencies to utilize.
SECTION 2. (a) The department of business, economic development, and tourism shall conduct a study on the feasibility of establishing a public-private partnership resource agency within the department of business, economic development, and tourism, for all state departments, divisions, and agencies to utilize.
(b) The services of the resource agency shall include the following:
(1) Providing advice, expertise, guidance, and information to all state departments, divisions, and agencies concerning the formation of public-private partnerships between state government and the private sector;
(2) Assisting in the formation of a public-private partnership for any particular project or undertaking;
(3) Serving as one of the state's representatives in negotiating a contract for a public-private partnership; and
(4) Doing all things necessary in furtherance of this subsection.
(c) The department of business, economic development, and tourism shall report its findings and recommendations, including any proposed legislation, to the legislature no later than twenty days prior to the convening of the regular session of 2017.
SECTION 3. There is appropriated out of the general revenues of the State of Hawaii the sum of $150,000 or so much thereof as may be necessary for fiscal year 2016-2017 for a study on the feasibility of establishing a public-private partnership resource agency within the department of business, economic development, and tourism.
The sum appropriated shall be expended by the department of business, economic development, and tourism for the purposes of this Act.
SECTION 4. This Act shall take effect on July 1, 2016.
|
INTRODUCED BY: |
_____________________________ |
|
|
|
Report Title:
Department of Business, Economic Development, and Tourism; Feasibility Study; Appropriation
Description:
Requires DBEDT to conduct a study on the feasibility of establishing a public-private partnership resource agency that all state departments, divisions, and agencies may utilize. Makes an appropriation.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
