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HI HB972

HI HB972
Relating To Impact Fees.


summary

Introduced
01/23/2025
In Committee
02/10/2025
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 or members who use their units as transient vacation rentals. Effective 7/1/3000. (HD1)

AI Summary

This bill allows condominium and planned community associations located in zoning districts that permit transient vacation rentals to impose an impact fee on unit owners who use their properties for short-term rentals. The impact fees can be used for specific purposes, including maintaining and repairing common areas, enhancing security through surveillance systems or security personnel, covering administrative costs related to monitoring vacation rentals, and offsetting insurance expenses. Before assessing these fees, the association's board of directors must provide at least thirty days' notice to affected unit owners and establish clear procedures for assessment, collection, and potential penalties through a board resolution. The board must also include any decision about implementing impact fees on the agenda of an annual or special meeting. The bill defines "transient vacation rental" broadly, referencing various terms used in county ordinances for short-term rental properties. The legislation applies to both condominium associations under Chapter 514B and community associations under Chapter 421J of Hawaii Revised Statutes, providing a consistent framework for addressing the potential community impacts of short-term rentals. The bill is set to take effect on July 1, 3000 (which appears to be a placeholder date).

Committee Categories

Business and Industry

Sponsors (8)

Last Action

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

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