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Recommending FIRST READING of Bill 85 (2024) to amend Section 3.48.810, Maui County Code, effective August 1, 2024, to: 1) increase the circuit breaker tax credit maximum amount to $8,200; 2) increase the maximum household qualifying income limit to $126,000; and 3) adjust the schedule setting the amount of tax credit received based on the homeowner's gross building assessed value, which includes increasing the maximum value eligible to receive 100 percent of the credit to $1,000,000.
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