BIL 104 Draft 05 2022-2024 - Laserfiche WebLink

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SECTION 5. Chapter 19, article 11, section 19-90, of the Hawaii County Code 1983 (2016 Edition, as amended), is amended by adding a new subsection designated (g), to be appropriately inserted and to read as follows: "(g) Long-term rental tax rate. Notwithstanding any provision to the contrary, the tax rate for a property that is classified as long-term rental shall be one hundred thirty percent of the affordable rental housing tax rate rounded to the nearest five cents for the first program year. For tax years thereafter, the rate shall be determined in the manner otherwise provided in this section." SECTION 6. Material to be repealed is bracketed and stricken. New material is underscored. In printing this ordinance, the brackets, bracketed and stricken material, and underscoring need not be included. SECTION 7. Severability. If any provision of this ordinance, or the application thereof to any person or circumstance, is held invalid, the invalidity does not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or application, and to this end the provisions of this ordinance are severable. SECTION 8. This ordinance shall take effect on January 1, 2026. INTRODUCED BY: C CIL MEMB OUNTY OF HAWAI`I COUNC EMBER, COUNTY OF HAWAI`I Hawai `i Date of Introduction: Date of 1 st Reading: Date of 2nd Reading: Effective Date: 600.39 REFERENCE Comm.