ORD 2006-147 2004-2006 - Laserfiche WebLink

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(B) Land which is in actual single- or two-family residence use at a density of at least asingle- or atwo-family residential building per acre, or (C) Land which is sufficiently developed with necessary land improvements to support a use density of at least asingle- or two-family residential building per acre. (5) "Unimproved residential" shall mean all residential class lands not classified as "improved residential" or "homeowner." SECTION 3. Chapter 19, article 10, section 19-71, of the Hawaii County Code 1983 (2005 edition), is amended by amending subsection (a) to read as follows: (a) Real property owned and occupied as a principal home shall be exempt to the following extent from property taxes: (1) Totally exempt where the value of the property is not in excess of $40,000; (2) Where the value of the property is in excess of $40,000, the exemption shall be the amount of $40,000. Provided that: (A) No such exemption shall be allowed to any corporation, co-partnership, or company; (B) The exemption shall not be allowed on more than one home for any one taxpayer and that such taxpayer shall certify under penalty of perjury that such taxpayer has no other home exemption in any other jurisdiction; (C) The taxpayer has acquired said home by a recorded deed; (D) A husband and wife shall not be permitted exemption of separate homes owned by each of them, unless they are living separate and apart, in which case they shall be entitled to one exemption, to be apportioned equally between each of their respective homes; (E) A person living on premises, a portion of which is used for commercial purposes, except as provided in (b) or which is legally permitted as a home occupation in accordance with the zoning code, shall not be entitled to an exemption with respect to such portion, but shall be entitled to an exemption with respect to the portion thereof used exclusively as a home; ~j