HI HR94

Requests the Department of Budget and Finance to convene a working group to study the feasibility of imposing a school facility fee on residential property in Hawaii.

Working group shall be chaired by the Director of Finance and include representatives from the Department of Taxation, Department of Education, State Public Charter School Commission, county finance departments, and the University of Hawaii Economic Research Organization.

Proposes fee structure calculated by number of bedrooms: $200 per year for one to two bedrooms, $400 per year for three to four bedrooms, and $600 per year for five or more bedrooms.

Requires study of exemption possibilities for retirees or owner-occupants age 62 and older, including administrative concerns and revenue impact.

Working group must submit findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the 2014 Regular Session convenes.