The implications of HB12 are significant for developers involved in time sharing, particularly those operating across state lines. By alleviating the need for extensive documentation regarding zoning compliance out of state, the bill promotes a more efficient registration process. This could potentially encourage more developers to engage in time sharing ventures, stimulating economic activity and expanding the market for vacation properties that cater to tourists and residents seeking alternative lodging.
Summary
House Bill 12 (HB12) aims to clarify the responsibilities of developers concerning time share units located outside of Hawaii. The bill establishes that developers will not need to submit evidence of compliance with the zoning and land use laws of the jurisdictions where these out-of-state time share units are located as part of the registration process. Instead, the developers must certify that they have reviewed and concluded that the out-of-state units are compliant with the relevant laws. This change is intended to simplify the registration for developers and reduce administrative burdens associated with demonstrating compliance for time shares located outside Hawaii.
Contention
However, the bill could raise concerns regarding local governance and zoning authority. Critics may argue that this measure undermines the control that local jurisdictions have over land use and zoning, allowing developers to operate with less oversight regarding the suitability of properties for time sharing. The potential impact of time share properties on local communities and neighborhoods can be contentious, particularly in areas where zoning laws were originally established to preserve residential character and community interests.
Urging The Hawaii Housing Finance And Development Corporation To Prioritize The Allocation Of Funds From The Rental Housing Revolving Fund, Dwelling Unit Revolving Fund, And Low-income Housing Tax Credits For Projects That Will Make The Most Efficient Use Of Taxpayer Funds And Address The Most Urgent State Priorities.