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Committee amends and forwards bill to extend agricultural-to-homeowner 3% cap, sets 12/31/2029 sunset
Summary
The committee approved an amendment to bill 103 to apply the homeowner 3% annual assessment increase cap to qualifying agricultural homesteads, change the look-back to 10 of the last 15 years, and extend the sunset to Dec. 31, 2029; committee members debated eligibility, potential unintended consequences and oversight concerns.
The Hawaii County Finance Committee voted to forward bill 103 to council with an amendment that extends the program's sunset date, clarifies the look‑back period for agricultural activity, and adds prospective language about reassessment.
Councilmember Kimball introduced an amendment substituting the contents of Communication 593.3. The amendment would extend the sunset to 12/31/2029, change the eligibility look‑back to 10 of the last 15 years (to capture farmers who had administrative breaks such as tenure changes), and add language…
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