Bill Text: HI HB1208 | 2021 | Regular Session | Amended
Bill Title: Proposing An Amendment To Article Viii, Section 3 Of The Hawaii Constitution Relating To The Functions, Powers, And Duties Of Real Property Taxation.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2021-02-12 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on JHA with Representative(s) Har, Matsumoto voting aye with reservations; Representative(s) McDermott, Okimoto, Ward voting no (3) and Representative(s) Eli, Gates, Hashimoto excused (3). [HB1208 Detail]
Download: Hawaii-2021-HB1208-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1208 |
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THIRTY-FIRST LEGISLATURE, 2021 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
PROPOSING AN AMENDMENT TO ARTICLE VIII, SECTION 3 OF THE HAWAII CONSTITUTION RELATING TO THE FUNCTIONS, POWERS, AND DUTIES OF REAL PROPERTY TAXATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that Hawaii has one of the highest income tax rates and the lowest real property tax rates in the nation. These tax strategies result in a disproportionate amount of the overall tax burden being placed on the residential workforce, who, in turn, effectively subsidize non-residents' real estate investments in Hawaii.
The legislature further finds that removing the exclusivity of county authority over real property taxes will provide the State with greater flexibility and control of its taxation policies.
The purpose of this Act is to propose an amendment to article VIII, section 3, of the Constitution of the State of Hawaii to repeal the exclusive authority of the counties to exercise the functions, powers, and duties of real property taxation, and thereby authorizing the State to also exercise those powers.
SECTION 2. Article VIII, section 3, of the Constitution of the State of Hawaii is amended to read as follows:
"TAXATION AND FINANCE
SECTION 3. The question to be printed on the ballot shall be as follows:
"Shall the exclusivity of the counties as to the functions, powers, and duties relating to the taxation of real property be repealed and the State be authorized to also exercise the functions, powers, and duties relating to the taxation of real property?"
SECTION 4. Constitutional material to be repealed is bracketed and stricken. New constitutional material is underscored.
SECTION 5. This amendment shall take effect on July 1, 2050; provided that this amendment shall take effect upon
compliance with article XVII, section 3, of the Constitution of the State of Hawaii.
Report Title:
Real Property Taxation; Constitutional Amendment
Description:
Proposes an amendment to the Hawaii State Constitution to repeal the exclusive power of the counties as to the functions, powers, and duties relating to the taxation of real property and authorize the State to also exercise those functions, powers, and duties. Effective 7/1/2050. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
