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<br /> Hawaii County Council-44 Page 4 September 75, 2004 <br /> <br /> Bill 177: Amends Chapter 19 of the Hawaii County Code 1983 (1995 Edition), Real <br /> Property Taxes, Relating to Home Exemptions. {Improves the definition of real <br /> property owned and occupied as a principal home as defined in subsection <br /> 19-71(e). } <br /> Re: Comm. 398 <br /> Intr. by: Mr. Chung (B/R) <br /> File: FC-300 <br /> Note: Subsequent Bi11320 combines amendments proposed in Bill 177 and <br /> Bill 174, Draft 2, relating to Section 19-71. <br /> Bill 320: Amends Chapter 19 of the Hawaii County Code 1983 (1995 Edition), as <br /> Amended, Real Property Taxes, Relating to Home Exemptions. {Combines <br /> amendments proposed in previous Bill 174, Draft 2, and Bill 177. Improves <br /> and clarifies definition of "principal home" and creates an additional exemption <br /> of 20% of the pre-exemption assessed value to a maximum of $80,000 for <br /> those eligible for home exemptions. } <br /> Re: Comm. 753 <br /> Intr. by: Mr. Chung <br /> Waived: FC <br /> Bil] 175 Amends Chapter 19 of the Hawaii County Code 1983 (1995 Edition), Real <br /> (Draft 3): Property Taxes, Relating to Valuation. {Limits the increase in the market <br /> value of properties in the homeowners class to not more than 3% per tax year <br /> until the property is sold or otherwise transferred.} <br /> Re: Comm. 395.1 <br /> Intr. by: Mr. Chung (B/R) <br /> Approve: FC-298 <br /> Bill ] 76 Amends Chapter 19 of the Hawaii County Code 1983 (1995 Edition), Real <br /> (Drafr 2): Property Taxes, Relating to Nonspeculative Residential Use Assessment. <br /> {Reduces the nonspeculative residential use dedication from ten years to <br /> five years, and reduces the corresponding rollback provisions by five years.} <br /> Re: Comm. 394.1 <br /> Intr. by: Mr. Chung (B/R) <br /> Approve: FC-299 <br /> <br />