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

This resolution urges Honolulu to revise property tax rules for kupuna (Hawaiian elders aged 60+ on fixed incomes). It proposes two key changes: basing property assessments on original purchase price (not current market value) with a 2% annual increase, and capping annual property taxes at 3% of the owner’s income. The resolution does not create new law but asks Honolulu to consider these adjustments to reduce tax burdens for elderly residents facing rising costs. It is a non-binding request directed to the city and county government.