Laserfiche WebLink
REPORT OF THE <br />COMMITTEE ON FINANCE <br />REGARDING: BILL NO. 294 (COMMUNICATION NO. 1047) <br />DATE: SEPTEMBER 30, 2014 <br />LOCATION: HILO COUNCIL CHAMBERS, HILO, HAWAII <br />TITLE: AN ORDINANCE AMENDING CHAPTER 19, ARTICLE 10, <br />SECTION 19-71 OF THE HAWAII COUNTY CODE 1983 (2005 <br />EDITION, AS AMENDED), RELATING TO EXEMPTIONS FROM <br />REAL PROPERTY TAX. <br />EXPLANATION: Introduced by Council Member Margaret Wille on September 10, 2014, <br />this legislation increases from $40,000 to $60,000 the property value <br />subject to total exemption from real property taxes, and increases by the <br />same amounts the exemption that can be applied to properties valued in <br />excess of $60,000. <br />AMENDMENTS: <br />RECOMM. <br />Sc <br />For informational purposes, Council Member Ford voted "kanalua" then <br />yes." <br />Comm. No. Introducer <br />None. <br />Approved/Disapproved <br />Your Committee on Finance is in accord with the purpose and intent of <br />Bill No. 294 and recommends passage on first reading. <br />Respectfully submitted, <br />COMMITTEE ON FINANCE <br />VALERIE T. POINDEXTER, CHAIR <br />FC REPORT NQ. 199 <br />ADOPTED: 0 C T 1-5 M4 <br />AYES NOES ABS EX <br />EOFF <br />X <br />FORD <br />X <br />ILAGAN <br />X <br />KANUHA <br />X <br />KERN <br />X <br />ONISHI <br />X <br />POINDEXTER <br />X <br />WILLE <br />X <br />YOSHIMOTO <br />X <br />Respectfully submitted, <br />COMMITTEE ON FINANCE <br />VALERIE T. POINDEXTER, CHAIR <br />FC REPORT NQ. 199 <br />ADOPTED: 0 C T 1-5 M4 <br />