Title
CHAPTER 3.48, ARTICLE XIII, MAUI COUNTY CODE, RELATING TO THE CIRCUIT BREAKER TAX CREDIT (BF-50)
Description
The Committee is in receipt of the following:
1. Miscellaneous Communication, dated May 22, 2017, from the County Clerk, relating to possible amendments to Chapter 3.48, Article XIII, Maui County Code, Circuit Breaker Tax Credit, including the phasing schedule for eligible percentage of circuit breaker tax credit set forth in Section 3.48.810.
2. Correspondence dated September 12, 2017, from Council Chair White, transmitting a proposed bill entitled “A BILL FOR AN ORDINANCE AMENDING CHAPTER 3.48, MAUI COUNTY CODE, RELATING TO THE CIRCUIT BREAKER TAX CREDIT.” The purpose of the proposed bill is to amend the phase-out schedule of the circuit breaker tax credit by increasing the homeowner’s gross building assessed values by $100,000 and to delete expired references to 2015 tax appeal deadlines.
Status
The Committee may consider whether to recommend passage of the proposed bill on first reading, with or without revisions. The Committee may also consider the filing of the Miscellaneous Communication and other related action.