TVR Legislation Update: June 17, 2026

TVR registration has been pushed out to September 1, 2026.

Bill 147 received a unanimous favorable recommendation from both the Leeward and Windward Planning Commissions. It will now return to PCPLUED for amendment and further committee review. The date of this hearing has yet to be established. Once passed out of committee, Bill 147 will have a minimum of two hearings in council.

There are two new bills that will come before the council committees related to TVRs. The first, Bill 173, creates a new Bed and Breakfast Homeowner Tax Class, preserving the 3% CAP for homeowners that also use their homes as a B&B. It also creates a property tax amnesty period to allow for people to register their B&B without being held liable for back taxes and penalties if they have not been in the correct tax class. This bill was postponed to August 4th, 2026.

The second, Bill 175, creates a 4-month grace period to register a TVR, making the registration period Sept. 1 to Dec. 31, 2026. It also makes editorial corrections and makes it clear that B&B applications that have been accepted or approved by the Planning Department prior to the effective date of Ordinance 25-50 (Sept. 1) will be deemed registered. This bill passed committee and will go to full council for first reading on August 5, 2026.