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HomeMy WebLinkAboutREP SUBONRPT 1984/01/11 1980-1984. REPORT OF THE C0,11111ITTEE ON FINANCE SUBCOMMITTEE ON REAL PROPERTY TAX January 11, 1984 Mr. Tomio Fujii, Chairman & Members Committee on Finance Hawaii County Council Hilo, Hawaii Your Subcommittee on Real Property Tax submits for approval, the following report: 83-HSAC-5 provides that any real property tax which is in excess of 10 percent of the income of homeowners receiving a multiple home exemption shall be forgiven, if the claimant's household income is $20,000 or less; a favorable recommendation of 83-HSAC-5 be forwarded to the Hawaii State Association of Counties Real Property Tax Committee.