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Councilors debate senior-farmer tax abatement; committee postpones bill to December for more work
Summary
Bill 103 would cap agricultural-assessed primary-residence increases at 3% annually for long-term farmers; the committee discussed eligibility thresholds, retroactivity, revenue impact estimates and outreach needs, and voted to postpone the bill to the Dec. 2 finance meeting for further amendments.
The finance committee discussed Bill 103, a proposed amendment to Hawaii County’s real property tax code designed to prevent sharp tax increases when long-term farmers transition out of an agricultural tax class and into homeowners classification.
Councilmember Kimball, a co-sponsor, described the policy intent as supporting aging farmers who live on properties they worked for decades. Under the proposal, property that had been in an agricultural…
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