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HomeMy WebLinkAboutORD 1991-109 1988-1992COUNTY OF HAWAZI,~~~~~~TATE OF HAWAII BILL NO. 483 ORDINANCE NO. 91 109 A BILL FOR AN ORDINANCE TO AMEND ARTICLE 7, SECTION 19-58.1, CHAPTER 19, AS AMENDED, OF THE HAWAII COUNTY CODE OF 1983, RELATING TO THE ASSESSMENT AND DEDICATION OF RESIDENTIAL PROPERTIES TO NON-SPECULATIVE RESIDENTIAL USE FOR REAL PROPERTY TAXATION, BY EXTENDING THE DEADLINE FOR PETITION FOR NON-SPECULATIVE RESIDENTIAL USE. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Purpose. The purpose of this ordinance is to extend the 1991 deadline for filing a petition to dedicate one's property to non-speculative use and be assessed according to the non-speculative residential use provisions set forth in Article 7, Chapter 19, §§19-58.1 and 19-58.2. The present deadline is September 1 of any calendar year. This ordinance would move the deadline for 1991 to November 1, thereby giving a property owner until November 1, 1991 to petition for non-speculative residential use status for the 1992 tax year. In any year after 1991, an owner would have to file his petition before September 1 of the calendar year in order to qualify for the following tax year. SECTION 2. Article 7, Chapter 19, Section 19-58.1 is amended to read as follows: "Section 19-58.1. Certain Lands Dedicated to Non-Speculative Residential Use. (a) The term "owner" as 'used in this section shall mean the fee owner or the lessee of real property with an unexpired lease term of not less than ten years from the date of the petition. (b) Any owner of property who qualifies under section 19-71 and 19-72 for home exemption may dedicate said property to Non-Speculative Residential Use and have that parcel assessed in the manner provided by section 19-58.2, except that a husband and wife, although living separate and apart, shall be entitled to dedicate only one parcel to the non-speculative residential use. (c) Any owner who desbres to dedicate property to Non-Speculative Residential Use and to have the property assessed in the manner established by section 19-58.2, shall so petition the director. Upon receipt of any such petition, the director shall make a finding of fact as to whether or not the property described in the petition is qualified for a home exemption pursuant to the terms and conditions of sections 19-71 and 19-72. If the finding is favorable to the owner, the director shall approve the petition and declare the property to be dedicated to Non-Speculative Residential Use. In order to place prospective buyers on notice of the dedicated status and the retroactive tax liability, the petitioner shall within 60 days of the notice of approval of the petition record the notice of -2- dedication in accordance with the procedures established by the bureau of conveyances. The petitioner shall furnish the director with a copy of the recorded notice. Nonrecordation of the notice, within the prescribed period, shall be grounds for disallowance of the dedication. (d) Each petition for dedication shall be for ten-year periods. The owner shall reapply for renewal of by filing an application with the director on or September 1 of the tenth year. Upon approval by succeeding dedications, the assessed valuation s be assessed in accordance with the provisions of Non-Speculative Residential Use dedication. (e) The dedication may be cancelled by the the dedication before the director of tall continue to the owner at the end of any ten-year period without penalty and retroactive taxes. The owner shall provide the director with written notice of the cancellation on or before September 1 of the tenth tax year of the dedication period. (f) The director's approval of the petition to dedicate shall constitute a forfeiture on the part of the owner of any right to use the property in any manner that would cause it to become ineligible for the home exemption as defined and determined by sections 19-71 and 19-72 for a period of ten continuous years. (g) if, during any period of dedication, any breach of the dedication requirements should occur, the special Non-Speculative Residential Use assessment privilege shall be cancelled .and -3- retroactive taxes and penalties shall be imposed. Breach of the dedication shall include the sale, transfer, change in land use classification of the property upon a petition by the owner, subdivision of the property into condominium units or separate parcels, or failure to maintain the home exemption status of the property. Retroactive taxes and penalties due and owing as a result of the cancellation shall be a paramount lien on the property. (1) Provided, that the Non-Speculative Residential Use dedication shall not be cancelled if the dedicated property is: (A) Transferred to the owner's heirs by testacy or intestacy, (B) Jointly owned by spouses and upon the death of one spouse ownership is transferred to the surviving spouse, (C) Transferred to a spouse or former spouse in connection with a property settlement agreement or decree of dissolution of a marriage or legal separation, (D) Transferred to a trustee for the beneficial use of a spouse, or the surviving spouse of a deceased transferor, or by a trustee of such a trust to the spouse of the trustor, (E) And the heirs, surviving spouse, divorced spouse, or trustee, within 60 days after receiving title to the property, petitions the director, in writing, to continue the dedication and the property continues to qualify for the home exemption as defined in sections 19-71 and 19-72. -4- (2) Provided further that, except as provided herein, penalties and retroactive taxes shall not be assessed when: (A) A person receives title to property dedicated to Non-Speculative Residential Use by way of testacy or intestacy and does not petition the director to continue the dedication as provided in section 19-58.1(q)(1)(A). (B) The dedicated property is jointly owned by spouses and upon the death of one spouse, ownership is transferred to the surviving spouse, and the surviving spouse does not petition the director to continue the dedication as provided in section 19-58.1(g)(1)(B). (C) The property is wholly or partially destroyed or damaged as a result of fire, seismic or tidal wave, volcanic eruption, earthquake, flood wraters and wind or rain storm. The owner shall, if he desires to cancel the dedication for the reasons enumerated above, notify the director of such cancellation by written notice to the director within 60 days of the change. All cancellations shall become effective July 1 of the following tax year, but the property will be assessed in accordance with its appropriate classification as of the assessment dated January 1. (h) The director shall prescribe the form of the petition. The petition shall be filed with the director by [September 1 of any calendar year] November 1, 1991 and shall be approved or disapproved by December 31, [of that year] 1991, in order to gualifv for the following tax year In anv year after 1991 the -5- petition shall be filed with the director by September 1 of any calendar year and shall be approved or disapproved by December 31 of that vear. (i) Upon approval, the dedication shall become effective July 1 of the following taa year,. but the assessed value will be determined on the assessment date January 1. The owner may appeal any disapproved petition or cancellation of dedication as in the case of an appeal from an assessment." SECTION 3. Material to be repealed is bracketed. New material is underscored. in printing this ordinance, the brackets, bracketed material, and underscoring need not be included. SECTION 4. In the event that any portion of this ordinance is declared invalid, such invalidity shall not affect the other parts of this ordinance SECTION 5. This ordinance shall take effect upon its passage. BY: COUNCIL MEMBER, COUNTY OF HAWAII Hilo, Hawaii Date of Introduction: September 18, 1991 Date of 1st Reading: September 18, 1991 Date of land Reading: October 16, 1991 Effective Date: October 24, 1991 -6-