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HomeMy WebLinkAboutREP FC 287 05/06/2008 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: May 6, 2006 Re: Comm. No. 1182Bill No. 289 PLACE: Sheraton Keauhou Bay Resort & Sap 78-128 `Ehukai Street Kailua-Kona, Hawaii TIME: 9:33 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 289, reports as follows: Bill No. 289, transmitted by Council Member J Yoshimoto, via Communication No. 1182, dated April 15, 2008, is a proposed ordinance to amend Chapter 19, Section 19-2, of the Hawaii County Code 1983 (2005 Edition) Definitions, and to establish a new article relating to solar water heater tax credit. The purpose of this measure is to add new definitions to Section 19-2, and establish a new article that would provide a one-time tax credit per tax map key of up to $300 for the installation of a solar water heater on a single-family dwelling, ohana dwelling, farm dwelling, duplex, or double-family dwelling unit(s). Council Member J Yoshimoto stated that he hopes this measure will encourage residents to become more energy-efficient. Your Committee on Finance is in accord with the purpose and intent of Bill No. 289, and recommends it pass first reading. la AYES NOES A&E EX Respectfully submitted, FORD X HIGA X COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X'-" PILAGO X DOMINIC CYAG N , C YAGONG X F RE O T NO. 287 YOSHIMOTO X ADOP D: JUN 0 3 ~nn8