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Hawaii County Council-32 February 21,2024 <br /> BILLS FOR ORDINANCES (FIRST READING) <br /> Bill 120: AMENDS CHAPTER 19 OF THE HAWAII COUNTY CODE 1983 <br /> (Draft 2) (2016 EDITION, AS AMENDED) BY ADDING A NEW ARTICLE RELATING <br /> TO A REAL PROPERTY TAX STABILIZATION PROGRAM <br /> Establishes a fixed-rate property tax stabilization program for property owners who <br /> are at least 85 years old that utilize the property as their principal residence, and the <br /> property has a net taxable real property value of less than $2 million. <br /> Reference: Comm. 674.3 <br /> Intr. by: Ms. Evans <br /> Negative: FC-140 (Due to a vote of 3-ayes, 4-noes, <br /> 2-absent) <br /> AMENDED TO DRAFT 3 AND POSTPONED TO THE CALL OF THE <br /> CHAIR: <br /> Ayes: Council Members Evans, Galimba, Inaba, Kagiwada, <br /> Kierkiewicz, Lee Loy, Villegas, and Chair Kimball 8. <br /> Noes: None. <br /> Absent: Council Member KAneali`i-Kleinfelder— 1. <br /> Excused: None. <br /> Bill 128: AMENDS CHAPTER 11, ARTICLE 1, SECTION 11-15, OF THE HAWAI`I <br /> (Draft 2) COUNTY CODE 1983 (2016 EDITION, AS AMENDED), RELATING TO <br /> TRANSFER OF EXCESS AFFORDABLE HOUSING CREDITS <br /> Requires developers of affordable housing projects to obtain approval from the <br /> Housing Administrator prior to initiating the transfer of excess affordable housing <br /> credits and that the Housing Administrator validate any such transfer upon its <br /> completion. <br /> Reference: Comm. 695.2 <br /> Intr. by: Mr. Inaba and Ms. Kimball <br /> Approve: PCPLUD-8 <br /> PASSED 1ST READING: <br /> Ayes: Council Members Evans, Galimba, Inaba, Kagiwada, <br /> Kierkiewicz, Lee Loy, Villegas, and Chair Kimball — 8. <br /> Noes: None. <br /> Absent: Council Member Kaneali`i-Kleinfelder— 1. <br /> Excused: None. <br /> Page 9 <br />