HI HB1154

Requires owner-builders to provide proof of withholding of Federal Insurance Contributions Act taxes and workers' compensation insurance for all persons working on exempt construction, as well as proof that subcontractors provided these benefits to their employees.

Adds new recordkeeping requirement (subsection 4(E)) requiring owners to maintain and produce upon request proof of tax withholding and workers' compensation insurance during construction and for three years after completion.

Increases fines for violating the owner-builder exemption from 40% to 50% of construction value (first offense) and from 50% to 60% (subsequent offenses), with fines determined based on value indicated in building permit application and review of circumstances.

Updates disclosure statement requirements to inform owner-builders of their obligations regarding tax withholding, workers' compensation, and penalties for violations.

Effective date: July 1, 3000 (appears to be a typographical error in the legislation).