Condo Tax Rate Bill Passes Initial Review

Aloha Kakou:

The Maui County Council passed 7-1 the initial reading of a bill that will require the Maui Eldorado AOAO to annually submit to the county Department of Finance a list of how each unit on the property is being used.

This bill was a compromise from an earlier version where the county council had proposed automatically charging condo owners based on highest and best use.

The bill is scheduled to be brought up for a final reading in September.

http://mauinews.com/page/content.detail/id/539605/Council-OKs-revised-tax-rate-bill-for-condo-units.html?nav=10