HI
Hawaii House Bill HB293

Hawaii 2024 Regular Session

Hawaii House Bill HB293

Introduced
1/20/23  
Refer
1/25/23  
Introduced
1/20/23  

Caption

Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.

Impact

One significant implication of HB293 is the proposed increase in homeowner and senior exemptions on real property taxes, a move designed to alleviate the tax burden on local residents. The bill could lead to the complete elimination of personal and business income taxes in Hawaii, as it seeks to replace these revenue sources with real property taxes. If ratified by voters, the constitutional amendment would empower the state to levy taxes that were previously under the sole jurisdiction of counties, potentially reshaping how local and state governments approach taxation.

Summary

House Bill 293 proposes an amendment to Article VIII, Section 3 of the Hawaii Constitution concerning the functions, powers, and duties related to real property taxation. The bill's primary goal is to alter the existing legal framework that grants counties exclusive authority over real property taxation. By repealing this exclusivity, the state aims to have greater control and flexibility over taxation policies, which proponents believe could lead to a more equitable tax structure in Hawaii.

Contention

The legislation has generated discussions around the fairness of the current tax system, especially given Hawaii's high income tax rates and low real property tax rates. Supporters argue that the existing setup unduly burdens local residents while favoring non-resident real estate investors. However, opponents may express concern that transferring tax authority from counties to the state could diminish local governments' ability to address community-specific needs and could lead to a one-size-fits-all approach to taxation, failing to consider unique local economic conditions.

Companion Bills

HI HB293

Carry Over Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.

Previously Filed As

HI HB293

Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.

HI HB1208

Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.

HI HB2506

Proposing Amendments To Articles Viii Of The Constitution Of The State Of Hawaii To Authorize The Legislature To Freeze Any Increase In State Residential Property Tax.

HI HB1537

Proposing Amendments To Articles Viii And X Of The Constitution Of The State Of Hawaii To Authorize The Legislature To Establish A Surcharge On Residential Investment Property To Increase Funding For Public Education.

HI SB2056

Proposing Amendments To Articles Viii And X Of The Constitution Of The State Of Hawaii To Authorize The Legislature To Establish A Surcharge On Residential Investment Property To Increase Funding For Public Education.

HI HB444

Proposing Amendments To Articles Viii And X Of The Constitution Of The State Of Hawaii To Authorize The Legislature To Establish A Surcharge To Increase Funding For Public Education.

HI HB287

Proposing Amendments To Article X, Section 2 And Article Xviii, Section 12, Of The Constitution Of The State Of Hawaii To Establish Local Elected School Boards.

HI HB1457

Proposing Amendments To Article Vii, Section 12, Of The Hawaii Constitution To Authorize The Counties To Issue Tax Increment Bonds.

HI HB1457

Proposing Amendments To Article Vii, Section 12, Of The Hawaii Constitution To Authorize The Counties To Issue Tax Increment Bonds.

HI SB1100

Proposing Amendments To Article Vii, Section 12, Of The Hawaii Constitution To Authorize The Counties To Issue Tax Increment Bonds.

Similar Bills

HI HB293

Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.

HI HB1208

Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.

TX HJR90

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property that is leased to a charitable organization and that is used by the organization primarily for the purpose of performing a charitable function.

TX HJR57

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property leased to certain schools organized and operated primarily for the purpose of engaging in educational functions.

TX SJR38

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property leased to certain schools organized and operated primarily for the purpose of engaging in educational functions.

TX SJR74

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property leased to certain schools organized and operated primarily for the purpose of engaging in educational functions.

TX SJR42

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property leased to certain schools organized and operated primarily for the purpose of engaging in educational functions.

TX HJR34

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property leased to certain schools organized and operated primarily for the purpose of engaging in educational functions.