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HOUSE OF REPRESENTATIVES |
H.C.R. NO. |
183 |
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THIRTIETH LEGISLATURE, 2020 |
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STATE OF HAWAII |
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HOUSE CONCURRENT
RESOLUTION
urgING the counties to freeze property taxes at their current levelS for homeowners who CURRENTLY, AND HAVE CONTINUOUSLY, RESIDED on their property for the last five years.
WHEREAS, property tax increases have caused difficulty in maintaining homeownership by adding to the cost of one's home; and
WHEREAS, extensive development has increased neighboring property values, with corresponding increases to property taxes; and
WHEREAS, the fear of rising property taxes because of new developments has led to anti-development concerns; and
WHEREAS, many states have addressed this problem by limiting the growth of property taxes for owner-occupied properties; and
WHEREAS, protecting homeowners from a rise in their property taxes would make homeownership more affordable and help prevent homeowners from being forced to sell their homes; and
WHEREAS, any loss of revenues by a freeze in property taxes could be made up by property taxes collected from new developments; now, therefore,
BE IT RESOLVED by the House of Representatives of the Thirtieth Legislature of the State of Hawaii, Regular Session of 2020, the Senate concurring, that this body urges the counties to freeze property taxes at their current levels for homeowners who currently, and have continuously, resided on their property for the last five years; and
BE IT FURTHER RESOLVED that certified copies of this Concurrent Resolution be transmitted to the Mayors of the City and County of Honolulu, County of Hawaii, County of Kauai, and County of Maui; and the Chairpersons of the Honolulu City Council, Hawaii County Council, Kauai County Council, and Maui County Council.
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OFFERED BY: |
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Property Taxes; Homeowners; Counties