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Tax Bill Passes for Forest Conservation (HI)

from Hawaii Tribune-Herald via West Hawaii Today, Aug. 6, 2020

Tax Bill Passes for Forest Conservation (HI) Hawaii Tribune-Herald via West Hawaii Today, Aug. 6, 2020 The Hawaii County Council unanimously approved a bill to provide tax incentives for property owners to set aside land for conservation purposes. Having passed final reading, the bill broadens the definition of "native forests" within the county code, allowing for more property owners to dedicate land for preservation. The previous definition allowed landowners to set aside for 20 years at lease 2.75 contiguous acres of forest land consisting of at least 60% native species and with 25% tree cover, which would subject that land to a special value assessment, leading to lower property taxes for the owner. READ MORE

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