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Tax break proposed for vacant ag land; Council Finance Committee to consider bill

from Hawaii Tribune Herald

Owners of vacant land in agricultural zones would get a break on their property taxes even if they’re not actively farming the land, under a bill to be considered by the County Council Finance Committee. Bill 126 is a remake of a bill considered early last year after it was proposed by a task force charged with recommending changes to the county’s property tax code. While the new provision adds a benefit for vacant land, the bill also tries to curb fraud and abuse by requiring farmers and ranchers to make a commitment of at least three years in order to qualify for a tax break and submit documents proving they’re commercial farmers. more

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