Bill Text: HI HB2502 | 2010 | Regular Session | Introduced
Bill Title: Land Use; Reclassification
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-01-27 - (H) Referred to WLO, FIN, referral sheet 7 [HB2502 Detail]
Download: Hawaii-2010-HB2502-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2502 |
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TWENTY-FIFTH LEGISLATURE, 2010 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO LAND USE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Chapter 205, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§205- Reclassification; surcharge. (a) Notwithstanding any law to the contrary, all land reclassifications authorized under this chapter, whether by the commission, pursuant to section 205-4, or a county land use decision-making authority, pursuant to section 205-3.1, shall be subject to a surcharge assessed on the fee owner of the real property that was reclassified; provided that the surcharge shall only apply if the reclassification results in an increase in the assessed value of the land reclassified.
(b) The surcharge shall be equal to the increase in the assessed value of the land reclassified as determined by the appropriate county agency.
(c) Any approval of a land reclassification shall be contingent upon full payment of the surcharge to the commission made payable to the credit of the state general fund."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Land Use; Reclassification
Description:
Assesses a surcharge on any land reclassified equal to any increase in the assessed value of the land.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
