HI SB2029

Prohibits counties from imposing inclusionary zoning requirements on housing offered exclusively for sale or rent in perpetuity to Hawaii residents who are owner-occupants or renters and do not own any other real property.

Defines "inclusionary zoning requirement" as any requirement to set aside a fraction of a housing development to be sold or rented at below market prices.

Amends Hawaii Revised Statutes Section 46-4 to add new subsections (g) and (h) establishing the prohibition and definition.

Takes effect April 14, 2112.