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HI SB4
Bill
Status
3/9/2021
Primary Sponsor
Stanley Chang
Click for details
AI Summary
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Prohibits imposing inclusionary zoning requirements on housing offered for sale in perpetuity to State residents who are owner-occupants and do not own any other real property.
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Defines "inclusionary zoning requirement" as any requirement to set aside a fraction of a housing development to be sold at below-market prices.
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Requires each county to submit annual reports on inclusionary zoning requirements to the legislature, including data on units still owned by original owners and resale prices, with reports due by twenty days prior to the regular sessions of 2022, 2023, 2024, 2025, and 2026.
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Takes effect on May 6, 2137.
Legislative Description
Relating To Inclusionary Zoning.
Housing
Last Action
Referred to WAL, CPC, FIN, referral sheet 22
3/11/2021