Kauai County Committee approves tax changes - Hawaii News Now - KGMB and KHNL

Kauai County Committee approves tax changes

LIHUE, Hawaii (AP) - A Kauai County Council committee is recommending a measure to change the county's property tax system.

The measure would eliminate a cap on property tax that has protected some resident homeowners from climbing real estate values.

County finance director Steve Hunt says the provision also has created winners and losers. He says elimination of the cap will be offset by more tax exemptions.

The measure was approved 3-2 vote by the Kauai County Council Finance Committee.

The measure proposes a $160,000 tax exemption for resident homeowners. The exemption would jump to $180,000 for homeowners age 60 to 69 and $200,000 for homeowners 70 and older.

The full seven-member county council will consider the proposal Wednesday.

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