RELATING TO SCHOOL IMPACT FEES.
What changed between versions
Eliminated the construction cost component of school impact fees, which previously required developers to pay 10% of school construction costs.
Added exemptions for affordable housing, government housing projects, Hawaiian home lands developments, and single-room dwellings from school impact fees.
Increased the minimum number of units required to trigger land dedication provisions from 50 to 100 units.
Changed the land dedication threshold for developments with 100 or more units to require written agreements before building permits are issued.
Requires the School Facilities Authority to adopt rules governing fee collection and submit a report to the Legislature on the Act's benefits and impacts by December 15, 2026.
Set the Act's effective date to July 1, 3000, with repeal scheduled for June 30, 2029, allowing time for implementation and evaluation.
Repealed the definition of 'construction cost component impact fee' and removed the entire construction cost calculation section from the statutes.