Hawaii HB743 mandates the development of a fiscal impact model to assess land use projects and regional investments.

Hawaii HB743 requires the office of planning and sustainable development to create a fiscal impact model for land use projects and regional investments. The model will assess fiscal costs and benefits, including maintenance and replacement costs of infrastructure. The office must establish a steering committee to advise on the model's development, comprised of state and county officials. The bill also appropriates funds for the model's development, staffing, and the steering committee's support.

Hawaii HB743 mandates the development of a fiscal impact model to assess land use projects and regional investments.

Hawaii HB743 requires the office of planning and sustainable development to create a fiscal impact model for land use projects and regional investments. The model will assess fiscal costs and benefits, including maintenance and replacement costs of infrastructure. The office must establish a steering committee to advise on the model's development, comprised of state and county officials. The bill also appropriates funds for the model's development, staffing, and the steering committee's support.