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COUNTY OF HAWAII STATE OF HAWAII
BILL NO. 34
ORDINANCE NO.
AN ORDINANCE AMENDING CHAPTER 19, ARTICLES 1 AND 7, OF THE HAWAI`I
COUNTY CODE 1983 (2016 EDITION, AS AMENDED), RELATING TO THE
AFFORDABLE RENTAL HOUSING REAL PROPERTY TAX CLASSIFICATION.
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAI'I:
SECTION 1. Chapter 19, article 1, section 19-2, of the Hawaii County Code 1983
(2016 Edition, as amended), is amended by repealing the definitions of "affordable rental
housing" and "affordable rental rate" as follows:
SECTION 2. Chapter 19, article 7, section 19-53, of the Hawaii County Code 1983
(2016 Edition, as amended), is amended by amending subsection (h) to read as follows:
"(h) Eligibility for affordable rental housing class.
(1) [Real
not to exeeed the aff-er-dable rental rate fer- the entire ealeiidar- year- elai
a must be leg !y „o..,i,:++ a by all eeaos.] Real property that is used for
residential rental purposes shall be eligible for the affordable rental housing
class provided that all rental units thereon are:
(A) Rented for the entire calendar year at or below the affordable rental rate
as set by resolution of the council by September 30 immediately
preceding the calendar year claimed; and
(B) Legally permitted by all codes.
aff-er-dable rental rates.]
[(�)] Affordable rental housing properties shall not be excluded by the
owner's principal residence also being on the property.
[(4)] Q For properties in the affordable rental housing class. as of January 1,
2008, the assessed value of the property shall not increase more than three
percent per tax year until the parcel is sold or any portion thereof sold by way
of conveyance which is subject to conveyance tax under terms of chapter 247,
Hawaii Revised Statutes, at which time the property will be assessed at
market value. In addition to the three percent limit of this subsection, any
improvements undertaken on the property within the tax year shall be assessed
at market value. All parcels entering this class after January 1, 2008, shall
have the assessed value as of January 1 of the following year and be subject to
the above provisions."
SECTION 3. Material to be repealed is bracketed and stricken. New material is
underscored. In printing this ordinance, the brackets, bracketed and stricken material, and
underscoring need not be included.
SECTION 4. 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 that can be given effect without the invalid provision or
application, and to this end the provisions of this ordinance are severable.
SECTION 5. This ordinance shall take effect on January 1, 2026.
, Hawai`i
Date of Introduction:
Date of 1 st Reading:
Date of 2nd Reading:
Effective Date:
REFERENCE Comm. 163
INTRODUCED BY:
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COUNCIL MEMBER, COUNTY OF HAWAI`I
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