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HomeMy WebLinkAboutBIL 267 Draft 01 2008-2010 OFFICE INFORMATION ONLY Meeting: Finance Committee - August 2, 2010 Action: Withdrawn on the floor by introducer (Dennis "Fresh" Onishi) Re: Bill 267 (Comm. 866) (2008 -2010) IV OF h COUNTY OF HAWAII o -%r, :- STATE OF HAWAII BILL NO. 267 ORDINANCE NO. AN ORDINANCE AMENDING CHAPTER 19, ARTICLE 11, SECTION 19- 90(e), HAWAI`I COUNTY CODE 1983 (2005 EDITION, AS AMENDED) RELATING TO THE MINIMUM TAX. SECTION 1. The County Council of Hawai`i County, in seeking to create a more equitable distribution of County revenue collections amongst all property owners, removes the graduated scale based assessments finding no difference in the consumption of county service between those paying at least the minimum tax and those on the graduated scale. SECTION 2. Chapter 19, article 11, section 19 -90, Hawai`i County Code 1983 (2005 edition, as amended), is amended by amending subsection (e) to read as follows: (e) Notwithstanding any provision to the contrary, there shall be levied upon each individual parcel of real property taxable under this chapter, a minimum real property tax of $100 per year, except [under-the-following conditions: - - .:: rty owner receives a home exemption or totally disabled veteran improvements is less than or equal to $75,000, then, the minimum tax for this property shall be as follows: (i) Property with improvements assessed at $50,001 to $75,000 the minimum tax shall be $75. • - • -- - -.. -. -. . - 1,11 e . - minimum tax shall be $50. (iii) Property with improvements assessed up to $25,000 the minimum tax shall be $2--5, (2) If ] that if the property is assessed at a market value of less than or equal to $500, it shall be taxed at a minimum tax of $25. SECTION 3. Material to be repealed is bracketed and stricken. New material is underscored. In printing this ordinance, the brackets, bracketed and stricken material and underscoring need not be included. SECTION 4. Severability. If any provision of this ordinance, or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the provision or application, and, to the end, the provisions of this ordinance are declared to be severable. SECTION 5. This ordinance shall take effect upon approval. INTRODUCED BY: COUNCIL MEMBER, COUNTY OF HAWAII , Hawai`i Date of Introduction: Date of 1 Reading: Date of 2 Reading: Effective Date: REFERENCE* Cantu. 866 2