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SECTION 5. Chapter 19, article 11, section 19-90, of the Hawaii County Code 1983 <br />(2016 Edition, as amended), is amended by adding a new subsection designated (g), to be <br />appropriately inserted and to read as follows: <br />"(g) Long-term rental tax rate. <br />Notwithstanding any provision to the contrary, the tax rate for a property that is classified <br />as long-term rental shall be one hundred thirty percent of the affordable rental housing tax <br />rate rounded to the nearest five cents for the first program year. For tax years thereafter, the <br />rate shall be determined in the manner otherwise provided in this section." <br />SECTION 6. Material to be repealed is bracketed and stricken. New material is <br />underscored. In printing this ordinance, the brackets, bracketed and stricken material, and <br />underscoring need not be included. <br />SECTION 7. Severability. If any provision of this ordinance, or the application thereof to <br />any person or circumstance, is held invalid, the invalidity does not affect other provisions or <br />applications of the ordinance which can be given effect without the invalid provision or <br />application, and to this end the provisions of this ordinance are severable. <br />SECTION S. This ordinance shall take effect on January 1, 2025. <br />INTRODUCED BY: <br />C�9C�t &V4&9XBER, COUNTY OF HAWAII <br />COUNCIMBER, COUNTY OF HAWAII <br />, Hawai'i <br />Date of Introduction: <br />Date of I st Reading: <br />Date of 2nd Reading: <br />Effective Date: <br />REFERENCE Comm. 600.26 <br />