S.B. 1339 Summary

• Requires purchasers or transferees of vulnerable coastal property to execute a vulnerable coastal property purchaser statement acknowledging risks from coastal erosion, sea level rise, and permitting limitations.

• Purchaser statement must include acknowledgments that coastal property may lose area due to shoreline retreat, maps exist showing erosion and sea level rise risks, shoreline certifications are subject to inland migration, permits for shoreline protection structures may be difficult to obtain, beaches are public trust resources, and the public has transit rights along shorelines.

• Statement must be notarized and recorded in the bureau of conveyances.

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

• Takes effect on December 31, 2050.