HI HR124

Urges all Hawaii counties to adjust real property tax rates to address "monster homes," which are large-scale multi-family residential structures built on single-family zoned property, some with as many as 25 bedrooms.

Requests counties increase real property tax rates specifically on monster homes to discourage their construction and operation.

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

Identifies concerns about monster homes including potential zoning and permitting violations, lack of proper certificates of occupancy, increased noise and traffic, reduced public parking, strain on infrastructure, increased density, and neighborhood character erosion.

Directs certified copies of the resolution be sent to the Mayor and Council Chairperson of each county.