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Bill > SB1206


HI SB1206

HI SB1206
Relating To Impact Fees.


summary

Introduced
01/17/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Authorizes condominium associations and planned community associations located in a zoning district that allows for transient vacation rentals to impose an impact fee on owners who use their units as transient vacation rentals.

AI Summary

This bill amends Hawaii's existing laws to allow condominium and planned community associations located in zoning districts that permit transient vacation rentals to impose an impact fee on property owners who use their units for short-term rentals. The bill provides that these impact fees can be used for specific purposes, including maintenance and repair of common areas, enhanced security measures (such as surveillance systems and security personnel), administrative costs related to monitoring vacation rentals, and insurance costs. The board of directors must notify unit owners about the new fee structure at least a certain number of days before assessment and must establish clear procedures for fee collection through a board resolution. The decision to assess such a fee must be included on the agenda of an annual or special association meeting. The bill defines "transient vacation rental" broadly to include various terms for short-term rentals as defined by county ordinances. These provisions are added to two separate chapters of Hawaii Revised Statutes (421J and 514B) to cover different types of residential associations, and the bill will take effect immediately upon approval.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Carried over to 2026 Regular Session. (on 12/08/2025)

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