HI HB474

Clarifies that associations must report only the relevant information they actually receive from transient accommodation operators, not information they do not possess.

Reduces penalties for associations that fail to report from up to $100,000 to a maximum fine of $2,500 per year.

Holds operators and owners accountable with fines up to $2,500 for willfully failing to provide or update required information to associations within 60 days, with exceptions for non-willful conduct like negligence or administrative error.

Expands the definition of "local contact" to include individuals or companies with a principal place of business on the same island as the transient accommodation, not just residents.

Requires "relevant information" provided to associations and the department of taxation to include operator contact details, registration numbers, website addresses, units advertised, and local contact information.