HI SB2089

Requires nonresident owners operating transient accommodations in private residences (condominiums, apartments, townhouses) to employ a licensed real estate broker or salesperson; nonresident owners in condominium hotels must employ a condominium hotel operator.

Mandates that nongovernmental entities (homeowner associations, condominium associations) and counties provide the Department of Taxation with annual information about owners leasing properties as transient accommodations by December 31.

Requires all transient accommodation advertisements to include the name and phone number of a local point of contact who resides on the same island as the property.

Provides an exemption from the mandatory employment requirement for nonresident owners who obtain an annual tax clearance from the Department of Taxation and submit it along with federal tax form 990 to the real estate commission.

Establishes fines for violations of the employment, information reporting, and local contact requirements; fines are in addition to any back taxes owed; effective July 1, 2012.