Hawaii 2025 Regular Session

Hawaii House Bill HR21 Compare Versions

Only one version of the bill is available at this time.

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1	1	HOUSE OF REPRESENTATIVES H.R. NO. 21 THIRTY-THIRD LEGISLATURE, 2025 STATE OF HAWAII HOUSE RESOLUTION urging the city and county of honolulu to revise real property assessment procedures for kupuna.
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3	3	HOUSE OF REPRESENTATIVES H.R. NO. 21
4	4	THIRTY-THIRD LEGISLATURE, 2025
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9	9	H.R. NO.
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13	13	THIRTY-THIRD LEGISLATURE, 2025
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17	17	STATE OF HAWAII
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29	29	HOUSE RESOLUTION
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35	35	urging the city and county of honolulu to revise real property assessment procedures for kupuna.
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43	43	WHEREAS, many kupuna live on fixed incomes and face a number of economic pressures; and WHEREAS, real property tax burdens are often felt the most by those living on fixed incomes; and WHEREAS, in the City and County of Honolulu, the real property tax is largely based on a property's market value; and WHEREAS, the widening gaps between rising real property taxes and fixed incomes of kupuna make it increasingly difficult for kupuna to live within their budgets; and WHEREAS, proactive measures are needed to help kupuna maintain a reasonable quality of life despite rising real property taxes; now, therefore, BE IT RESOLVED by the House of Representatives of the Thirty-third Legislature of the State of Hawaii, Regular Session of 2025, that the City and County of Honolulu is urged to help kupuna who are sixty years of age or older and who are on a fixed income to survive the rising cost of living by providing real property tax relief; and BE IT FURTHER RESOLVED that, as part of this tax relief, the City and County of Honolulu is urged to revise real property tax assessment procedures for kupuna as follows: (1) For dwellings that have not had any significant renovations or additions to the original structure, the assessment value basis should be changed from market value to the original purchase price, plus an annual increase of two per cent from the initial purchase price; and (2) The maximum annual real property tax should be capped at three per cent of an owner's annual income; and BE IT FURTHER RESOLVED that certified copies of this Resolution be transmitted to the Mayor of the City and County of Honolulu and the Chair of the Honolulu City Council. OFFERED BY: _____________________________
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45	45	WHEREAS, many kupuna live on fixed incomes and face a number of economic pressures; and
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49	49	WHEREAS, real property tax burdens are often felt the most by those living on fixed incomes; and
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53	53	WHEREAS, in the City and County of Honolulu, the real property tax is largely based on a property's market value; and
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57	57	WHEREAS, the widening gaps between rising real property taxes and fixed incomes of kupuna make it increasingly difficult for kupuna to live within their budgets; and
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61	61	WHEREAS, proactive measures are needed to help kupuna maintain a reasonable quality of life despite rising real property taxes; now, therefore,
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65	65	BE IT RESOLVED by the House of Representatives of the Thirty-third Legislature of the State of Hawaii, Regular Session of 2025, that the City and County of Honolulu is urged to help kupuna who are sixty years of age or older and who are on a fixed income to survive the rising cost of living by providing real property tax relief; and
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69	69	BE IT FURTHER RESOLVED that, as part of this tax relief, the City and County of Honolulu is urged to revise real property tax assessment procedures for kupuna as follows:
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73	73	(1) For dwellings that have not had any significant renovations or additions to the original structure, the assessment value basis should be changed from market value to the original purchase price, plus an annual increase of two per cent from the initial purchase price; and
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77	77	(2) The maximum annual real property tax should be capped at three per cent of an owner's annual income; and
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81	81	BE IT FURTHER RESOLVED that certified copies of this Resolution be transmitted to the Mayor of the City and County of Honolulu and the Chair of the Honolulu City Council.
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89	89	OFFERED BY: _____________________________
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93	93	OFFERED BY:
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95	95	_____________________________
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103	103	Report Title: City and County of Honolulu; Real Property Tax; Kupuna
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105	105	Report Title:
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107	107	City and County of Honolulu; Real Property Tax; Kupuna