H.C.R. No. 124 Summary

• Urges Hawaii counties to adjust real property tax rates to address "monster homes," which are large multi-level residential structures with up to 25 bedrooms built on single-family residential zoned property.

• Requests counties increase real property tax rates specifically for monster homes to counteract their construction and operation impacts.

• Requests counties reduce and set cap amounts for real property taxes on homes located near monster homes, as monster home construction increases assessed property values in surrounding areas.

• Identifies concerns about monster homes including possible zoning violations, lack of proper certificates of occupancy, illegal unit modifications, increased noise and traffic, reduced parking availability, strain on infrastructure, and erosion of neighborhood character.

• Directs certified copies of the resolution be transmitted to the Mayor and Council Chairperson of each Hawaii county.