(a) Except as provided in subsection (b), any person who seeks to develop a new residential development within a designated school impact district requiring:

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Terms Used In Hawaii Revised Statutes 302A-1603

(1) A county subdivision approval;
(2) A county building permit; or
(3) A condominium property regime approval for the project,

shall be required to fulfill the land component impact fee or fee in lieu requirement and construction cost component impact fee requirement of the authority, including all government housing projects and projects processed pursuant to sections 46-15.1 and 201H-38.

(b) The following shall be exempt from this section:

(1) Any form of housing permanently excluding school-aged children, with the necessary covenants or declarations of restrictions recorded on the property;
(2) Any form of housing that is or will be paying the transient accommodations tax under chapter 237D;
(3) All nonresidential development;
(4) Any development with an executed education contribution agreement or other like document with the authority or the department for the contribution of school sites or payment of fees for school land or school construction;
(5) Any form of housing developed by the department of Hawaiian home lands for use by beneficiaries of the Hawaiian Homes Commission Act, 1920, as amended; and
(6) Any form of development by the Hawaii community development authority pursuant to part of chapter 206E.
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