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Council approves private-road tax credit after amendments and reporting requirements
Summary
The council approved a tax-credit program to reimburse homeowners who spend on private-road maintenance, adding annual reporting and a 10-year sunset to monitor effectiveness.
The Hawaii County Council approved Bill 38 on second and final reading, creating a private-road real property tax credit intended to encourage maintenance of private roads that are open to the public.
Bill 38 (draft 3 as amended) establishes a tax credit of up to $250 applied against a homeowner’s real property tax bill when the homeowner spends at least $75 annually to maintain, repair or improve a private roadway that is not gated and is managed by a road maintenance organization. The credit applies to homeowners…
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