Basic and Elderly Home Exemption

State

Hawaii

Year

2022

Variations in Receipt of Benefit

Other Variation in Receipt of Benefits

Benefit Type

Exemption

Benefit

Each county has the authority to set their own exemption value and has the option to raise the exempt value for those over 60 and low-income homeowners. Certain counties have an additional exemption amount for individuals over the age of 70. In Honolulu County the basic home exemption is $100,000. For those residents over 65, the exemption is $140,000. In Maui County, the exemption is $200,000 for all homeowners, regardless of age. The county no longer offers an increased exemption for its older residents. Long-term rental with a lease of 12 months or more, the exemption of $200,000 is available. In Kauai County, the basic home exemption is $160,000. For individuals between 60 and 70, the exemption is $180,000 and for those individuals over 70, the exemption amount is $200,000. An additional exemption of $120,000 is available for those with household income below 80% of the Kauai Median Household Income. In Hawaii County, the basic exemption is $40,000. An additional exemption of 20% of assessed value of the property not to exceed an additional $80,000 is available. For those aged 60 to 69, the exemption amount is $80,000. For those 70 and older, the exemption amount is $100,000.

How is Benefit Disbursed

Exemption from assessed value

Eligible Property Type

Residential

Characteristics of Eligible Property

Only residential property is eligible for this program.

Eligibility Criteria

Age

Homeowner

Principal Residence

Renter

Other Criteria

Description of Eligibility Criteria

Taxpayers must occupy the residence as their primary property and fulfill age requirements attached to varying benefit levels. In Honolulu, a renter who has a long-term lease of 5 or more years and is required to pay the property taxes, may qualify for the exemption. In Hawaii, a renter who has a long-term lease of 10 or more years may qualify for the exemption. In Maui, the property with a long-term lease of 12 or more months may qualify for the exemption. . The homeowner must occupy the property for minimum days a year. In Honolulu, Kauai, and Maui, the requirement is 270 days; in Hawaii county, 200 days. In Maui County, the exemption is not allowed for properties that are delinquent on their taxes for a year or more. To qualify for the elderly exemption, in Honolulu City and County, the resident must be 65 years or older on or before June 30 preceding the tax year for which the exemption is claimed. In Hawaii, the claimant must be 60 or 70 years of age on or before December 31, preceding the tax year. In Honolulu City and County, if you are a lessee with a lease of 5 or more years and are responsible for the property taxes you may be eligible for the exemption. In Hawaii county, if you are a lessee with a lease of 10 or more years and are responsible for the property taxes you may be eligible for the exemption.

Local Option in Adoption of Program

Local government must take action to opt out

Local Option Regarding Program Features

Local option regarding program features

State Funding for Local Tax Loss

Local government covers all of its tax loss

Record ID

HI101_RR22

Sources

Honolulu: ROH 8-10.3~8-10.4;
Maui: Code of County §3.48.450;
Hawaii: Laws §19-71;
Kauai: Laws §5A-11.4 (in effect for 2022)
City and County of Honolulu Real Property Assessment Division, Real Property Assessment Exemption Information FAQ
[https://www.realpropertyhonolulu.com/faq/ Accessed on 05/17/2023]
View Archived Source

City and County of Honolulu Real Property Assessment Division, Real Property Assessment Exemption Brochure
[https://www.realpropertyhonolulu.com/media/1801/rpad-brochure-85-x11-rev-2021-09-24.pdf Accessed 05/17/2023]
View Archived Source

City and County of Honolulu Department of Budget Application for Homestead Exemption
[https://www.realpropertyhonolulu.com/media/1398/bfsrpp3.pdf Accessed 05/17/2023]
View Archived Source

County of Kauai Department of Finance, RPA Exemption Information, (2018)
[https://www.kauai.gov/Government/Departments-Agencies/Finance/Real-Property/Exemption-Information#who Accessed on 01/14/2022]
View Archived Source

County of Hawaii Real Property Tax Division, Home Exemptions Brochure, (2020)
[http://www.hawaiipropertytax.com/forms/Home%20Exemption%20Program%20(Oct%202020).pdf Accessed 01/14/2022]
View Archived Source

Maui County Real Property Assessment Division Tax Relief Programs
[https://www.mauicounty.gov/FAQ.aspx?TID=94#a_94 Accessed 01/14/2022]
View Archived Source

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