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Council to consider homeowner exemption bills for principal home, long-term rental

The Maui News

Bills proposing homeowner exemptions from real property tax are up for first reading at the Maui County Council’s meeting at 9 a.m. Friday, Council Vice Chairwoman Keani Rawlins-Fernandez announced.

Bill 93, introduced by Rawlins-Fernandez, would amend the Maui County Code to increase the homeowner exemptions for a principal home to $300,000 and for a long-term rental to $400,000, beginning Jan. 1. The last increase in the homeowner exemption was in 2006, according to a budget committee report.

Bill 110, introduced by Council Member Mike Molina, would allow residents with a 70 percent or higher disability rating from the U.S. Department of Veterans Affairs to qualify for a lower annual real property tax bill. The minimum real property tax for the current fiscal year is $350; severely disabled veterans would be allowed to pay half of that, according to a budget committee report.

“Our community is suffering the effects of the ongoing pandemic, rising food and gasoline costs and other economic stress,” said Rawlins-Fernandez, who chairs the Budget and Finance Committee, which recommended passage of both bills. “These bills are part of the council’s ongoing reform efforts to promote equity in the county’s real property tax system and help local residents thrive even as everyday living is becoming more and more expensive.”

In addition to receiving live testimony by phone or videoconference, the council will accept written testimony. For instructions on submitting testimony, please visit MauiCounty.us/testify.

The meeting will also be available to view live online and on Akaku channel 53. For more information on the bills and other agenda items, visit MauiCounty.us/agendas.

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