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HomeMy WebLinkAboutCOM 0600.040 2022-2024Jennifer Kagiwada Co¢ ned Membet• District 2 South f1do Office: (808) 96I-8272 jeyiiiifei-,kagiii,a(la@haii,aiicoiitity.gov HAWAI`I COUNTY COUNCIL - DISTRICT 2 25 Atipuni Street, Hilo, Hawaii 96720 rya DATE: June 13, 2024 TO: Heather L. Kimball, Council Chair and Members of the Hawaii County Council FROM: Jennifer Kagiwada, Council Member r�Y SUBJECT: Proposed Amendment to Bill No. 104, Draft 5; an Ordinance Amending Chapter 19, Article 1, Section 19-2; Chapter 19, Article 7, Section 19-53; and Chapter 19, Article 11, Section 19-90, of the Hawaii County Code 1983 (2016 Edition, as Amended), Relating to the Creation of a Long -Term Rental Class for Real Property Taxes. Please see below a proposed amendment to Bill No. 104, Draft 5. The amendment is shown in Ramseyer format with respect to the contents of Bill No. 104, Draft 5; material to be deleted is bracketed and stricken, and material to be added is underscored. A copy of the new draft of this bill that would result if this proposed amendment were to be adopted is intentionally omitted due to the limited scope of the proposed amendment. SECTION 5 of Bill No. 104, Draft 5, which adds a new subsection (g) to chapter 19, article 11, section 19-90, is amended to read as follows: "(g) Long-term rental tax rate. Notwithstanding any provision to the contrary, the tax rate for a property that is classified as long-term rental shall not be [onehundredthirty percen o j lower than the affordable rental housing tax rate rounded to the nearest five cents [far- e f4rat ath— Wed "a this seetio Thank you. JLK:slm Haw!'! County Is an Equal Opportttully Provider and Employer Comm. No. Ref. To: Ref. Date Jil�h-_18 2024