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HI HB2239

Bill

Status

Engrossed

3/3/2022

Primary Sponsor

Scott Saiki

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Increases the minimum percentage of residential units that must be offered to prospective owner-occupants during the initial 30-day sales period from 50% to 90%

  • Applies the 90% owner-occupant requirement to Section 514B-95.5 (announcement/advertisement requirements), Section 514B-96 (developer designation of units), and Section 514B-98 (sales offering restrictions)

  • Requires designated owner-occupant units to constitute a proportionate representation across factors including square footage, number of bedrooms/bathrooms, floor level, and lanai availability

  • Maintains existing exception for conversion projects, allowing current occupants to purchase their units before the general owner-occupant offering period

  • Effective date: July 1, 2050

Legislative Description

Relating To Condominiums.

Sale

Last Action

The committee on CPN deferred the measure.

3/29/2022

Committee Referrals

Commerce and Consumer Protection3/18/2022
Housing3/8/2022
Consumer Protection & Commerce2/15/2022
Housing1/28/2022

Full Bill Text

No bill text available