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HI HCR123
Concurrent Resolution
Status
3/7/2024
Primary Sponsor
Micah Aiu
Click for details
AI Summary
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Urges each county in Hawaii to stop levying minimum real property taxes that exceed what would be owed under the county's standard tax rate.
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Addresses the practice where county councils have enacted ordinances requiring minimum real property taxes that can result in property owners paying more than they would under standard rate calculations.
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States that windfall revenue from excessive minimum real property taxes is not a required funding source for maintaining essential county services.
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Directs transmission of certified copies to the mayors and council members of all four counties: Honolulu, Hawaii, Maui, and Kauai.
Legislative Description
Urging Each County To Stop Levying Minimum Real Property Taxes Upon Property That Would Be Greater Than The Real Property Tax Levied Under The County's Standard Tax Rate For The Property.
Counties
Last Action
Referred to FIN, referral sheet 21
3/13/2024