Hawaii Bill Amendment to Increase Cost Thresholds
The Hawaii Bill amendment in Congress seeks to revise Section 464-13 of the Hawaii Revised Statutes, increasing cost thresholds for exemptions on privately owned buildings and residences. This development may affect both homeowners and licensed professionals. The bill targets raising cost limits for one-story and two-story buildings, as well as residential structures. Homeowners could gain flexibility and cost savings for construction and renovation projects, but must comply with building codes and safety regulations. Licensed professionals might face varied outcomes, with potential drops in demand for small projects, yet increased demand for larger projects and rectifying substandard work done without expert input. As the bill advances, staying informed and assessing the impact of these changes is crucial for all involved.