STAND. COM. REP. NO.  624

 

Honolulu, Hawaii

                , 2015

 

RE:   H.B. No. 1293

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 1293 entitled:

 

"A BILL FOR AN ACT RELATING TO REAL PROPERTY TAXATION,"

 

begs leave to report as follows:

 

     The purpose of this measure is to exempt taxpayers who do not occupy their real property as a primary home due to a medical condition from real property taxes unless the taxpayer leases or rents the real property to another person.

 

     The Department of the Attorney General and Tax Foundation of Hawaii commented on this measure.

 

     Your Committee has amended this measure by

 

     (1)  Changing the effective date to July 1, 2030, to encourage further discussion; and

 

     (2)  Making technical, nonsubstantive amendments for clarity, consistency, and style.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1293, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1293, H.D. 1, and be placed on the calendar for Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

SYLVIA LUKE, Chair