The following testimony was submitted by the Grassroot Institute of Hawaii for consideration by the House Committee on Housing on Feb. 5, 2025.
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Feb. 5, 2025, 9:00 a.m.
Hawaii State Capitol
Conference Room 430 and Videoconference
To: House Committee on Housing
Rep. Luke Evslin, Chair
Rep. Tyson Miyake, Vice-Chair
From: Grassroot Institute of Hawaii
Ted Kefalas, Director of Strategic Campaigns
RE: HB276 — RELATING TO CONDOMINIUMS
Aloha Chair Evslin, Vice-Chair Miyake and other members of the Committee,
The Grassroot Institute of Hawaii supports HB276, which would exempt certain builders of condominiums from needing to file annual reports on unsold units and pay associated fees.
Current law requires that anyone who uses a condominium property regime to subdivide land must file an annual report and pay a $50 annual fee until every unit they built using the CPR subdivision is sold.
Some builders who use CPRs in conjunction with subdivision intend to live in one of the units they build. This means that these owner-occupants must continue to file the report and pay the $50 fee for as long as they own the home.
HB276 would slash this bit of red tape and thus remove a bit of headache for Hawaii’s small homebuilders.
Ted Kefalas
Director of Strategic Campaigns
Grassroot Institute of Hawaii
