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Hawaii County committee backs exempting buildings on Hawaiian homelands from property tax
Summary
The County Council finance committee voted to forward Bill 44 to the full council with a favorable recommendation. The bill would exempt buildings on Department of Hawaiian Home Lands parcels from real property tax while retaining a minimum tax; county staff estimate about $1.44 million in annual revenue loss.
The Hawaii County Council Committee on Finance voted to forward Bill 44 to the full council with a favorable recommendation after discussion among council members and county tax officials.
Bill 44 would amend Chapter 19, Article 10, Section 19-89 of the Hawaii County Code to exempt the value of buildings on Hawaiian Home Lands homestead parcels from real property taxes, while preserving a minimum tax. Councilmember Reynaldo Inaba, who introduced the measure with Councilmember Brandon Eustace, said the change replaces the code phrase “exclusive of buildings” with…
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