URGING THE COUNTIES TO INITIATE A FREEZE ON PRIMARY RESIDENCE PROPERTY TAXES FOR HOMEOWNERS WHO ARE SEVENTY-FIVE YEARS OF AGE AND OLDER TO CREATE A MORE SECURE FINANCIAL ENVIRONMENT FOR THE IMPACTED POPULATION.

This House Resolution (HR 6) urges Hawaii counties to freeze property taxes on the primary residences of homeowners aged 75 and older. It directly affects senior homeowners in Hawaii, aiming to improve their financial stability amid the state’s high cost of living. The resolution recommends counties implement this tax freeze, which would end if the homeowner sells the property, transfers ownership, or no longer resides there. It is non-binding, meaning counties are encouraged but not required to adopt this policy.