HI HB811

Amends section 514B-56 of Hawaii Revised Statutes to exclude timeshare projects registered under chapter 514E from developer public report amendment requirements when disclosure statements are delivered or sales occur outside Hawaii.

Extends the safe harbor provisions in section 45 of Act 181 (Session Laws of Hawaii 2017) until July 1, 2020, allowing condominium property regimes created before July 1, 2006 additional time to update developer's public reports to qualify for exemptions.

Clarifies that developers under the extended safe harbor may file a new developer's public report instead of revised reports, and exempts such projects from conversion requirements under section 514B-84(a)(1) and (2).

Keeps specified sections of chapter 514A, Hawaii Revised Statutes, in effect until June 30, 2020 to provide developers sufficient time to update documents and qualify for the safe harbor provisions.

Effective date of the Act is July 1, 2050.