Relating To Professional And Vocational Licensing.
Impact
The law will amend the Hawaii Revised Statutes by creating new provisions that mandate licensed professionals manage associations, thus enhancing the competency of those who oversee these communities. By establishing an Association Manager Licensing Board, the bill will provide oversight and create standards to ensure property managers possess the necessary expertise in financial management, regulatory compliance, and maintenance responsibilities. This structure aims to improve the quality of management in properties governed by associations, ensuring they are better equipped to handle operational challenges.
Summary
SB1203, introduced in the State of Hawaii, aims to regulate and establish licensing requirements for managers of homeowners' associations, planned community associations, cooperative housing corporations, and condominium unit owners' associations. The bill recognizes the increasing complexity of managing such associations, particularly under the pressures of climate change and stringent maintenance laws, affecting an estimated 360,000 individuals in Hawaii who reside in properties governed by these associations. The bill directs that association managers must obtain a license, enhancing professional accountability and safety for residents.
Contention
While proponents argue that this bill will increase the professionalism and safety of management in associations, potential points of contention include concerns regarding the regulatory burden it places on managers and associations. Critics may worry that licensing could increase operational costs for associations, potentially impacting fees for residents. Furthermore, the penalties for operating without a license may be viewed as overly severe, given that many current managers might lack formal qualifications under the new system. This may lead to a debate regarding the balance between ensuring compliance and maintaining accessible management for community associations.
Relating To Statutory Revision: Amending Or Repealing Various Provisions Of The Hawaii Revised Statutes Or The Session Laws Of Hawaii For The Purposes Of Correcting Errors And References, Clarifying Language, Or Deleting Obsolete Or Unnecessary Provisions.