HomeMy WebLinkAboutREP FC 340 10/17/2006 2004-2006 REPORT OF THE
COMMITTEE ON FINANCE
DATE: October 17, 2006 Re: Comm. No. 1096Bi11 No. 341
PLACE: Council Chambers
TIME: 9:00 a.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 341, reports as follows:
Bill No. 341, transmitted by Director of Finance William Takaba, via Communication No. 1096,
dated September 12, 2006, amends Chapter 19, Hawaii County Code 1983 (2005 Edition), Real
Property Taxes, relating to home exemptions.
The purpose of this measure is to assist in alleviating the shortage of available rental units.
Currently, if a portion of a home is used for rental purposes, the property is automatically
disqualified from the benefit of remaining in the homeowner's class and retaining their
homeowner's exemption.
Your Committee heard testimony in favor of this measure.
William Takaba, Director of Finance, explained to receive the full benefit of this measure the
portion of the home that is being rented needs to be attached to its property
During discussion, Your Committee requested that a representative from the Planning
Department be present at the next Council meeting to discuss zoning questions.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 341 and
recommends it pass first reading.
smc
Ares rvoes A&E ex Respectfully submitted,
ARAKAKI X
RIGA x COMMITTEE ON FINANCE
HOFFMANN X
HOLSCHUH X 1 ,
IKEDA X U
ISBELL X
JACOBSON x VIRG IA ISBELL, CHAIR
PILAGO X FC REPORT ~l~t~,_ 344 _ _
SAFARIK X ADOPTED: ~J 3 ~ ~~~b