HomeMy WebLinkAboutREP FC 182 11/08/2005 2004-2006 •
• REPORT OF THE
COMMITTEE ON FINANCE
DATE: November 8, 2005 RE: Comm. No. 385/Bill No. 169
PLACE: Council Chambers (2002-2004)
TIME: 1 1 :23 a.m.
Council Chair and Members
l-lawai`i County Council
Hilo, Hawai`i 96720
Your Committee on Finance, to which was referred Bill No. 169, reports as follows:
Bill No. 169, transmitted by Director of Finance William Takaba, via Communication No. 385,
dated October 10, 2003, amends Chapter 19, Hawaii County Code 1983 (1995 Edition), Real
Property Taxes, relating to charitable purposes exemptions.
The purpose of this measure is to clarify Section 19-77, charitable, etc., purposes, by recognition
of Federal income tax 501(c)(3) designation for certain nonprofit organizations. This measure
also clarifies documentation requirements for those claiming this exemption.
Originally heard on November 4, 2003, this measure was deferred due to the large number of
real property tax amendments presented and to give the Administration time to gather more
information.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 1 69 and
recommends it pass first reading.
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AYES NOES A&E . EX Respectfully submitted,
ARAKAKI X
HIGA x COMMITTEE ON FINANCE
HOFFMANN X
HOLSCHUH X
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IKEDA X
ISBELL X •VIRGINIA ISBELL, CHAIR
JACoBsoN x FC REPORT NO. 182
PILAGO X
SAFARIK x ADOPTED: NOV 2 2 2005