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File #: CR 20-149    Version: 1
Type: Committee Report Status: Agenda Ready
File created: 11/13/2020 In control: Economic Development and Budget Committee
On agenda: 11/20/2020 Final action:
Title: Recommending the following: 1. FIRST READING of bill to amend Chapter 3.48, Maui County Code, to add a "Long-term rental" real property classification; and 2. FIRST READING of bill to amend Chapter 3.48.305, Maui County Code, to 1) improve tax rate classification parity between condominium/planned development real property and non-condominium real property; 2) improve tax relief program parity; 3) create an incentive for owners to convert vacant residential real property into long-term rentals; 4) improve real property tax parity between real property with similar permitted uses; 5) improve revenue stability; and 6) improve real property tax parity between condominium and non-condominium vacant land zoned agricultural.
Attachments: 1. Committee Report 20-149
Related files: EDB-37 Misc

Title

Recommending the following:

 

1.                     FIRST READING of bill to amend Chapter 3.48, Maui County Code, to add a “Long-term rental” real property classification; and

 

2.                     FIRST READING of bill to amend Chapter 3.48.305, Maui County Code, to 1) improve tax rate classification parity between condominium/planned development real property and non-condominium real property; 2) improve tax relief program parity; 3) create an incentive for owners to convert vacant residential real property into long-term rentals; 4) improve real property tax parity between real property with similar permitted uses; 5) improve revenue stability; and 6) improve real property tax parity between condominium and non-condominium vacant land zoned agricultural.