HI HB2200

Prohibits large investment entities (partnerships, corporations, or REITs owning 10+ single-family homes with $30 million+ in assets) from purchasing single-family residences (1-4 dwelling units) in Hawaii

Exempts nonprofits, community land trusts, creditors acquiring property through foreclosure, and properties acquired before the law takes effect

Allows covered entities to acquire foreclosed properties only if sold within one year, or properties being converted to long-term affordable housing

Establishes civil penalties up to half the fair market value of the property for violations, plus $20,000 fines for reporting failures

Requires certification from buyers that they are not covered entities, with the Department of Commerce and Consumer Affairs overseeing reporting and the Attorney General handling enforcement