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HomeMy WebLinkAboutBIL 059 Draft 01 2022-2024 COUNTY OF HAWAII -*(4‘.`:. STATE OF HAWAII BILL NO. 59 ORDINANCE NO. AN ORDINANCE AMENDING CHAPTER 19,ARTICLE 10, SECTION 19-71, OF THE HAWAII COUNTY CODE 1983 (2016 EDITION,AS AMENDED), RELATING TO HOME EXEMPTIONS. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Chapter 19, article 10, section 19-71, of the Hawai`i County Code 1983 (2016 Edition, as amended) is amended by amending subsection(d)to read as follows: "(d) A taxpayer who is sixty years of age or over and who qualifies under subsection (a) shall be entitled to one of the following home exemptions: Age of Taxpayer Exemption Amount 60 years of age or over but $85,000 not 65 years of age or over 65 years of age or over but not 70 years of age or over $90,000 70 years of age or over but not $105,000 75 years of age or over 75 years of age or over but not 80 years of age or over $110,000 80 years of age or over $125,000 For the purpose of this subsection, a husband and wife who own property by life estate and remainder,jointly, by the entirety, or in common, on which a home exemption under the provisions of subsection(a) has been granted shall be entitled to the applicable home exemption set forth above when at least one of the spouses qualifies each year for the applicable home exemption." SECTION 2. New material is underscored. In printing this ordinance, the underscoring need not be included. SECTION 3. 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 4. This ordinance shall take effect on January 1, 2024. INTRODU -, BY: COUNCIL ME :-=*k OUNTY OF HAWAII , Hawai`i Date of Introduction: Date of 1st Reading: Date of 2nd Reading: Effective Date: REFERENCE Comm. 371 2