Report Title:

Condominium Property Regimes Law

Description:

Extends the time period, position, and funding for the real estate commission's review and recommended recodification of Hawaii's condominium property regimes law. (HB75 HD2)

HOUSE OF REPRESENTATIVES

H.B. NO.

75

TWENTY-SECOND LEGISLATURE, 2003

H.D. 2

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to condominiums.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Act 213, Session Laws of Hawaii 2000, demonstrated the legislature's recognition that the condominium property regimes law, chapter 514A, Hawaii Revised Statutes, needed to be updated, clarified, organized, deregulated, and made more consistent and easier to follow. Accordingly, the legislature directed the real estate commission to conduct a review of Hawaii's condominium property regimes law, make findings, formulate recommendations for recodification of the law, and develop draft legislation consistent with its review and recommendations.

The purpose of this Act is to:

(1) Extend the time period for the real estate commission's review and recommended recodification of Hawaii's condominium property regimes law; and

(2) Extend the funding for the review and recodification process, including funding for a temporary condominium specialist position.

SECTION 2. Act 213, Session Laws of Hawaii 2000, is amended by amending section 4 to read as follows:

"SECTION 4. The real estate commission shall submit a progress report, including any draft legislation to the legislature no later than twenty days prior to the convening of the regular sessions of 2001 [and], 2002[.], and 2003. By December 31, 2003, the real estate commission shall have held at least one public hearing regarding the draft legislation in each of the counties of Honolulu, Hawaii, Maui, and Kauai. The real estate commission shall submit a final report of the review, including findings and recommendations of the commission, and draft legislation to the legislature no later than twenty days prior to the convening of the regular session of [2003.] 2004."

SECTION 3. There is appropriated out of the condominium management education fund the sum of $95,000 or so much thereof as may be necessary for fiscal year 2003-2004 to complete the comprehensive review of the condominium property regimes law, including the continued funding of one full-time temporary condominium specialist position in the department of commerce and consumer affairs, and other current expenses.

The sum appropriated shall be expended by the department of commerce and consumer affairs for the purposes of this Act.

SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 5. This Act shall take effect on July 1, 2003.