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HI HB1208
Bill
Status
1/27/2021
Primary Sponsor
Mark Hashem
Click for details
AI Summary
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Proposes constitutional amendment to Article VIII, Section 3 of the Hawaii Constitution to repeal the exclusive authority of counties over real property taxation functions, powers, and duties.
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Changes constitutional language from counties exercising real property tax functions "exclusively" to "may" exercise them, thereby allowing the State to also exercise these powers.
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Ballot question asks voters: "Shall the exclusivity of the counties as to the functions, powers, and duties relating to the taxation of real property be repealed and the State be authorized to also exercise the functions, powers, and duties relating to the taxation of real property?"
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Finds that Hawaii's high income tax rates and low real property tax rates create disproportionate tax burden on residential workforce, who effectively subsidize non-residents' real estate investments.
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Amendment takes effect July 1, 2050, upon compliance with Article XVII, Section 3 of the Hawaii Constitution.
Legislative Description
Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.
Constitutional Amendment (ConAm)
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on JHA with Representative(s) Har, Matsumoto voting aye with reservations; Representative(s) McDermott, Okimoto, Ward voting no (3) and Representative(s) Eli, Gates, Hashimoto excused (3).
2/12/2021