HomeMy WebLinkAboutREP FC 211 12/18/2007 2006-2008 REPORT OF THE
COMMITTEE ON FINANCE
DATE: December 18, 2008 RE: Comm. No. 851/Bill No. 207
PLACE: Sheraton Keauhou Bay Resort & Spa
78-128 `Ehukai Street
Kailua-Kona, Hawaii
TIME: 1:39 p.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 207, reports as follows:
Bill No. 207, transmitted by Director of Finance William Takaba, via Communication No. 851,
dated December 6, 2007, amends Chapter 19, Hawaii County Code 1983 (2005 Edition, as
amended), by adding a new section to establish Real Property Tax exemption for kuleana lands.
The purpose of this measure is to establish a tax exemption for properties designated as kuleana
land. This measure would establish a real property tax exemption for real property zoned as
residential or agricultural, any portion of which is designated as kuleana land, if the property is
owned in whole or in part by a lineal descendant of the person(s) that received the original title to
the kuleana land.
Communication No. 851.1 submitted by Council Member K. Angel Pilago, proposes an
amendment to subsection 19-89.5(c), by inserting "The applicant/landowner shall be responsible
for all costs."
Your Committee on Finance is in accord with the purpose and intent of Bill No. 207, as amended
to Draft 2, and recommends it pass first reading.
la
eves noes a&e ex Respectfully submitted,
FORD X
HIGA X COMMITTEE ON FINANCE
HOFFMANN X
IKEDA X
JACOBSON X
NAEOLE X
PILAGO x BOB JAC ON, VICE-CHAIR
YAGONG X C REPORT NO. 211
YOSHIMOTO X ADOPTED: ~N n 9 ~nnA