HI SB1146

Exempts affordable housing units reserved for persons or families with incomes up to 80 percent of the area median income located in counties with populations greater than 500,000 from school impact fee requirements.

Exempts housing projects certified or approved for general excise tax exemption under section 201H-36, government housing projects, and projects processed under sections 46-15.1 and 201H-38 from school impact fees.

Exempts state or federal public housing projects and state low-income housing projects as defined in section 356D-1, 356D-91, or 356D-51 from school impact fees.

Finds that school impact fees significantly increase housing construction costs and can hinder development of affordable housing, and that exemptions will promote affordable housing development particularly along rail transit corridors.

Takes effect on July 1, 2051.