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HomeMy WebLinkAboutORD 2020-039 2018-2020 of ............ COUNTY OF HAWAII STATE OF HAWAII .•'f�1,FHAS' . BILL NO. 169 (DRAFT 2) ORDINANCE NO. 20 39 AN ORDINANCE AMENDING CHAPTER 19, OF THE HAWAII COUNTY CODE 1983 (2016 EDITION, AS AMENDED),ARTICLE 6, BY ADDING A NEW SECTION TO CREATE TWO TIERS FOR THE RESIDENTIAL CLASS; AND ARTICLE 11, SECTION 19-90,BY ADDING A NEW SECTION AUTHORIZING COUNCIL TO SET TAX RATES FOR EACH TIER, RELATING TO REAL PROPERTY TAXES. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: • SECTION 1. Chapter 19, Article 6, of the Hawai`i County Code 1983 (2016 Edition, as amended), is amended by adding a new section to read as follows: "Section 19-46.1 Residential tax rate tiers. Notwithstanding any provision to the contrary,two tiers of tax rates for properties classified as residential is established. The tax rates for the two tiers shall be established by the council in accordance with section 19-90." SECTION 2. Chapter 19, Article 11, Section 19-90, of the Hawai'i County Code 1983 (2016 Edition, as amended), is amended by adding subsection (f)to read as follows: "(f) Residential tax rate tiers. (1)Notwithstanding any provision to the contrary, the council shall establish a separate tax rate each for the residential tier one property and residential tier two property, as defined below. The tax rates shall be applied as follows: (A) The tax rate established for the residential tier one property shall be applied to the net taxable real property value under$2,000,000. (B) The tax rate established for the residential tier two property shall be applied to the net taxable real property value of$2,000,000 or more. (2) For the purposes of this section, "residential tier one property" shall mean all property, or portions thereof, other than a residential tier two property, within the residential class. "Residential tier two property" shall mean a property, or portion thereof, which: (A) Is improved with one or more dwelling units, has a net taxable real property value of$2,000,000 or more, does not have a home exemption, and is classified as residential in consideration of the highest and best use of the land; (B) Is vacant land that has a net taxable real property value of $2,000,000 or more, and is classified as residential in consideration of the highest and best use of the land., or (C) Is a condominium property regime that has a net taxable real property value of$2,000,000 or more, does not have a home exemption, and is classified as residential in consideration of the highest and best use of the land. (3) The respective tax rate to be applied to any property within the residential class shall be applied only to the portion used exclusively as residential, provided the highest and best use of the land is residential." SECTION 3. New material is underscored. In printing this ordinance, the underscoring need not be included. SECTION 4. Severability. If any provision of this ordinance or the application pplication thereof 1 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 invalid provision or application, and to this end,the provisions of this ordinance are declared to be severable. SECTION 5. This ordinance shall take effect upon approval. INTRODUCED BY: ____„e", - 4004111P ipi, ri 0 COUNCIL MEMBER, COUNTY OF HAWAII 0 , COUNCIL MEMBER, CO TY OF HAWAII Hilo , Hawai`i Date of Introduction: May 13, 2020 Date of 1st Reading: May 13, 2020 Date of 2nd Reading: May 20, 2020 Effective Date: May 21, 2020 REFERENCE Comm. 926.2 2 OFFICE OF THE COUNTY CLERK •>1 r V County of Hawai`i j 17, 1 >j Hilo, Hawai`i 2V MAY 2 t}.� 7 (Draft 2) Introduced By: Maile Medeiros David ROLL CALL VOTE Aaron S . Y. Chung AYES NOES ABS EX Date Introduced: May 13, 2020 Chung X First Reading: May 13, 2020 David X Published: May 15, 2020 Eoff X Kaneali`i-Kleinfelder X REMARKS.. Kierkiewicz X Lee Loy X Poindexter X Richards X Villegas X 8 1 0 0 Second Reading: May 20, 2020 To Mayor: May 21 ; 2020 ROLL CALL VOTE Returned: May 21, 2020 AYES NOES ABS EX Effective: May 21, 2020 Published: June 5, 2020 Chung X David X REMARKS: Eoff X Kaneali`i-Kleinfelder X Kierkiewicz X Lee Loy X Poindexter X Richards X Villegas X 7 1 1 0 I DO HEREBY CERTIFY that the foregoing BILL was adopted by the County Council published as indicated above. n COUNCIL CHAIRPERSON A IA'sa roved this a�s� Approve. Pp day May of Iia , 20go e. - _y 169, Draft 2 Bill No.: MAYOR, COUNTY OF HAWAII C-926 .2/waived FC Reference: Ord No.: 20 39