Hawaii Revised Statutes 246-38 Property of the United States Leased Under the National Housing Act.

§246-38 Property of the United States leased under the National Housing Act. Real property belonging to the United States leased pursuant to Title VIII of the National Housing Act, as amended or supplemented from time to time:

(1) Shall not be taxed under this chapter upon the lessee's interest or any other interest therein, except as provided in paragraph (2).

(2) Shall be taxed under this chapter to the extent of and measured by the value of the lessee's interest in any portion of the real property (including land and appurtenances thereof and the buildings and other improvements erected on or affixed to the same) used for, or in connection with, or consisting in, shops, restaurants, cleaning establishments, taxi stands, insurance offices, or other business or commercial facilities. The tax shall be assessed to and collected from the lessee. The assessment of such property shall not impair, and shall be so made as to not impair, any right, title, lien, or interest of the United States.

Nothing in this section shall be deemed to be an expression by the legislature as to the construction of this chapter as it read prior to January 1, 1956. [L 1955, c 177, §§1, 2; RL 1955, §128-22.5; HRS §246-38]

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Last modified: October 27, 2016