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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: July 19, 2022 Re: Comm.No. 858/Bill No. 186 <br /> PLACE: Council Chambers <br /> Kailua-Kona, Hawai`i <br /> TIME: 10:03 a.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo,Hawai`i 96720 <br /> Your Committee on Finance,to which was referred Bill No. 186, reports as follows: <br /> Bill No. 186 transmitted by Council Member Maile David via Communication No. 858 dated <br /> June 29, 2022, amends Chapter 19, Article 10, Section 19-89.5 of the Hawai`i County Code 1983 <br /> (2016 edition, as amended), relating to real property tax exemptions for Kuleana Lands. <br /> This bill expands and clarifies eligibility for the Kuleana Land exemption and the verification process <br /> required to maintain Kuleana Land status when property ownership is transferred to a family <br /> member. <br /> Ms. David provided background on the measure. Real Property Tax Administrator Lisa Miura <br /> confirmed Ms. David's statements and elaborated on the measure's intent and impact. <br /> Committee Chair Matt Kaneali`i-Kleinfelder provided comments in support of the measure. Per <br /> Mr. Kaneali`i-Kleinfelder's request, Interim General Counsel for the Office of Hawaiian Affairs <br /> (OHA) Everett Ohta confirmed that OHA has no further proposed amendments. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 186, and <br /> recommends its passage on first reading. <br /> arc <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID x COMMITTEE ON F ANCE <br /> INABA X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEWICZ X <br /> KIMBALL X MATT KANEALI' INFELDER, CHAIR <br /> LEE LOY X <br /> RICHARDS X FC '+ 'ORT NO.: 172 <br /> VILLEGAS X ADOPTED: AUG 0 3 2022 <br />