URGING THE CITY AND COUNTY OF HONOLULU TO REVISE REAL PROPERTY ASSESSMENT PROCEDURES FOR KUPUNA.

HCR 21 is a non-binding resolution urging Honolulu to revise property tax assessments for kupuna (Hawaiian elders aged 60+ on fixed incomes). It proposes two specific changes: (1) basing property assessments on original purchase price plus 2% annual increase instead of current market value for unchanged homes, and (2) capping annual property taxes at 3% of the owner’s income. These measures aim to reduce tax burdens for fixed-income seniors facing rising costs. The resolution directs Honolulu officials to consider these adjustments but does not require them to take action.