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HomeMy WebLinkAboutCOM 0674.002 2022-2024Office of Counciluieniber Cindy Evans o,,et7,°d �,y� Hilo: (808) 961-8564 County of Hawai `i `' yl�i:; Kohala: (808) 889-6512 Council District .9 - ,;' �j�E. Fax: (808) .961-8912 Kohala, portions of Waimea E-mail: cindy.evans(i�hawaiicounty.gov M IIAWAI`I COUNTY COUNCIL Hawaii County Building 25 Aupuni Street • Hilo, Hawaii 96720 DATE: February 5, 2024 TO: Heather Kimball, Council Chair; and Members of the Hawaii County Council' FROM: Cindy Evans, Councilmember al6V71 - SUBJECT: Proposed Amendment to Bill 120; ((A��"N ORDINANCE AMENDING CHAPTER 19 OF THE HAWAI`I COUNTY CODE, 1983 (2016 EDITION, AS AMENDED) BY ADDING A NEW ARTICLE RELATING TO A REAL PROPERTY TAX STABILIZATION PROGRAM. Transmitted herewith is a proposed amendment to Bill No. 120. The proposed amendment is shown below in Ramseyer format with respect to the contents of Bill No. 120; material to be deleted is bracketed and stricken, and material to be inserted is underscored. Due to the limited nature of this proposed amendment, a copy of the new draft of Bill No. 120 that would result if the amendment were adopted is not attached. SECTION 1 of Bill No. 120, which amends Chapter 19 of the Hawaii. County Code 1983 (2016 Edition, as amended), is amended by amending the added Section 19-108 to read as follows: "Section 19-108. Enrollment. (a) Any taxpayer who is eighty-five years of age or older and who owns property as a principal residence in the homeowner class is qualified to enroll in the stabilization program as provided by this article[...], except when such property has a net taxable real property value of $2,000,000 or more. (b) Enrollment in the stabilization program shall be allowed from the next tax year, provided that the taxpayer shall have filed a claim for enrollment with the department of finance on or before December 31 of the year immediately preceding the tax year for which enrollment is claimed. (c) A claim for enrollment shall be made on a form as prescribed by the director. (d) Upon determination that a claimant is entitled to stabilization, the director shall stabilize the claimant's real property taxes for the subject property in accordance with section 19-109." Thank you. CE Ja Hawai `i County is an Equal Opportunity Provider and Employer Comni. No. _ Ref. To: Pi-K( Ref. Date Fth fl 9 2024