HB 1131 Summary

• Requires the state building code council to consider the financial impact of building codes and standards on single-family and multi-family home construction costs, including effects on amortized utility costs, when adopting new codes or standards.

• Mandates the council include a financial impact assessment in its annual written report to the governor for each code and standard adopted to determine whether codes substantially benefit state residents.

• Adds new subsection (f) to Hawaii Revised Statutes §107-24 establishing the financial impact consideration requirement and renumbers subsequent subsections accordingly.

• Takes effect January 1, 2050.