HB 2383 Summary

• Requires purchasers or transferees of vulnerable coastal property to execute and acknowledge a vulnerable coastal property purchaser statement documenting risks from sea level rise, erosion, and coastal hazards.

• Statement must include acknowledgment of seven specific items: risk of shoreline retreat, availability of coastal erosion and flood maps, shoreline certification procedures under chapter 205A, difficulty obtaining permits for shoreline protection structures, beaches as public trust resources, public right of access to shorelines, and department of land and natural resources authority to remove encroaching vegetation.

• All vulnerable coastal property purchaser statements must be notarized and recorded in the bureau of conveyances.

• Defines "vulnerable coastal property" as real property within a sea level rise exposure area officially designated by the Hawaii climate change mitigation and adaptation commission.

• Effective date: January 1, 2021.