Property Tax Credit Eligibility

At a glance

What: Bill 68 (2025), relating to real property taxation, creates a property tax credit. The journal does not describe the credit beyond Weyer's objections.
Where it stands: passed second reading August 12, 2026, 6-2. Aye: Cordero, Nishimoto, Okimoto, Tulba, Tupola, Waters. No: Kiaʻāina, Weyer. Dos Santos-Tam absent.
Why contested: Weyer said the credit should be broader, that homeowners might have to make complicated changes to qualify or restructure ownership, and that he prefers expanding the low-income credit using household income and Area Median Income.
Next: third reading (not in the records read).

Okimoto moved committee report 192(26); Nishimoto seconded. Iwasa gave general comment. The Department of Budget and Fiscal Services sent a communication (D-523(26)).
Related: Homeowner Exemption Increase.

City Council journal (minutes), regular meeting of August 12, 2026 (adopted October 7, 2026): https://hnldoc.ehawaii.gov/hnldoc/document-download?id=29151

Passed second reading 6-2 after Weyer explained his no vote.