Honolulu Star-Bulletin

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The Internet edition of the Honolulu Star-Bulletin

Vol. 10, Issue 41 •

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Surrounded by students from the Kamehameha Schools and other supporters, Mayor Mufi Hannemann signed a bill yesterday repealing the lease-to-fee conversion law known as Chapter 38. Landowners such as the Kamehameha Schools and Queen Liliuokalani Trust gain revenues from leasehold properties, but Chapter 38 had forced them to sell the fee interest in leased land to qualified condominium owners.
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