Oʻahu · City Council · Bills and resolutions

Bill 67 (2025): RELATING TO REAL PROPERTY TAXATION.

BILL067(25) · introduced by VAL OKIMOTO, Oct. 21, 2025

Summary, as the council's system prints it

Establishes a valuation cap (either 2 percent of the preceding tax year’s assessed value of the real property or the rate of inflation per year, whichever is lower) for real property owned and occupied by a taxpayer 65 years or age or older. Specifies certain exceptions to the valuation cap. Effective for tax years beginning July 1, 2027.

Last event, as printed

July 14, 2026: Postponed to a date and time to be determined by the Committee Chair.
Vote, as printed: 6 AYES: CORDERO, KIAʻĀINA, NISHIMOTO, OKIMOTO, TULBA, WATERS

The measure in the council's system

BILL067(25)

Basis. Title, summary, introducers, dates, last event and vote are copied from the council's document system (hnldoc) as read by script; nothing is paraphrased. First on the record Sept. 19, 2026. Corrections: the corrections log.