Bill 85, FD1 (2024)
"A BILL FOR AN ORDINANCE AMENDING SECTION 3.48.810, MAUI COUNTY CODE, RELATING TO THE CIRCUIT BREAKER TAX CREDIT" The purpose of this bill is to amend Section 3.48.810, Maui County Code, effective August 1, 2024, to: 1) increase the circuit breaker tax credit maximum amount to $8,200; 2) increase the maximum household qualifying income limit to $126,000; and 3) adjust the schedule setting the amount of tax credit received based on the homeowner’s gross building assessed value, which includes increasing the maximum value eligible to receive 100 percent of the credit to $1,000,000.
- Committee
- Council of the County of Maui
- Introduced
- April 26, 2024
- On agenda
- June 21, 2024
Where it was heard
Council of the County of Maui Council of the County of MauiWatch Maui County
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