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HomeMy WebLinkAboutCOM 0118.008 2002-2004 Councilman Aaron Chung, Chair & FiUG ~s FI(~ ~ CO Members of the Finance Committee Hawaii County Council i County of Hawaii RE: Bill No.49 I'm here this morning representing my Chapter, the Hamakua County Farm Bureau to testify in support of Bill No. 49 relating to real property tax on agricultural lands. Allow me first to thank Chairman Chung and the Finance Committee for making the time to consider the need to correct flaws in the County's real property tax code. These flaws are resulting in the erosion of our most productive agricultural lands for non ag uses or questionable ag uses and allowing the very rich to manipulate the County's current liberal ag tax laws to further enrich themselves by not carrying their fair share of the tax burden. All one has to do is look at what's happening to C. Brewers land along the Hilo Coast. Look at who is buying these prime ag lands. Farmers? Farmers couldn't afford the price Brewer is asking for their land. Look at Waimea where the price of farm land is so ridiculously high that farmers are selling their family farms because buyers are tripping over themselves with lucrative offers that a farmer can never hope to earn from farming during his lifetime. So who are these buyers? We suspect that they include speculators who plan to land bank their holdings with short-term leases to the immigrant farmers who cannot afford to buy good farmland. Then when the opportunities arise they will sell for a nice profit or have the land rezoned to smaller parcels of three to five acres and thereby setting the stage for the development of gated communities of "gentlemen farmers". All under the guise of making land more affordable for farming. q Comm. No. ~ •8 Ref. To:~y~ Ref. Uate./1UU Bill 49, we believe, will help to better identify legitimate farming activities on agricultural lands by: 1) strengthening the commercial agricultural use provision to require that farms must generate a minimum gross income of $2,000 per year to qualify for the low agricultural tax rates; and 2) providing for commercial agricultural use dedication of farmland by the owners and lessees for ten years to be eligible for additional tax deductions. The bill also provides for a graduated tax increase over three years for non- dedicated agricultural lands. By the 3`d year lands committed in specific non dedicated ag use would be assessed at 75% of market value. Lands not committed or used for specific ag use would be assessed at 100% of market value. These provisions would correct the flaws in the current tax laws, which would encourage landowners to dedicate their land and enjoy the low tax rates or pay for the privilege of playing the land speculation game. This may also help to discourage the proliferation of "gentlemen estates" on prime ag lands. The only concern we have with Bi1149 is language to protect farmers from being penalized for non-compliance due to situations beyond their control such the water situation in Hamakua. In conclusion we believe that Bill No. 49 is a good beginning in the Council's ongoing effort to improve the County's real property tax code especially where it affects our best farmlands. We respectfully ask for your favorable consideration of Bill No. 49. Mahalo, / ' ~ ' ~ ~ ~ ~ .~.~a_6 ti Bob Shioji Hamakua County Farm Bureau