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HI SB867
Bill
Status
3/7/2023
Primary Sponsor
Stanley Chang
Click for details
AI Summary
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Prohibits inclusionary zoning requirements on housing sold exclusively in perpetuity to Hawaii residents who are owner-occupants and do not own other real property.
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Defines "inclusionary zoning requirement" as any requirement to set aside a fraction of housing development for sale at below-market prices.
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Requires each county to submit annual reports on inclusionary zoning requirements, including number of units still owned by original owners and resale prices or profits, to the legislature by 2028.
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Makes minor grammatical and clarifying amendments to Hawaii Revised Statutes § 46-4 regarding county zoning powers.
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Takes effect March 22, 2075.
Legislative Description
Relating To Inclusionary Zoning.
Housing
Last Action
Referred to WAL, HSG, FIN, referral sheet 17
3/9/2023