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HI SB1340

Bill

Status

Engrossed

3/5/2019

Primary Sponsor

Gil Keith-agaran

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Adds sea level rise exposure area to mandatory seller disclosures required under Hawaii Revised Statutes Chapter 508D for residential real property transactions.

  • Requires sellers to disclose if property is located within the sea level rise exposure area as officially designated by the Hawaii Climate Change Mitigation and Adaptation Commission, subject to availability of county maps identified by tax map key.

  • Directs each county to provide maps of jurisdictions detailing the five designated hazard areas (flood, noise, military, tsunami, and sea level rise) by tax map key number and allows counties to charge reasonable copying fees.

  • Treat sea level rise exposure area as a material fact affecting property value that must be included in seller disclosure statements alongside existing required disclosures for flood hazards, airport noise, military installations, and tsunami inundation areas.

  • Effective date: December 31, 2050.

Legislative Description

Relating To Real Property Transactions.

Real Estate Transactions

Last Action

Carried over to 2020 Regular Session.

12/1/2019

Committee Referrals

Water, Land, & Hawaiian Affairs3/7/2019
Judiciary2/14/2019
Water and Land1/28/2019

Full Bill Text

No bill text available