Hawaii Revised Statutes 46-112 Tax on Leased Redevelopment Property.

§46-112 Tax on leased redevelopment property. Whenever property in the tax increment district has been redeveloped and thereafter is leased by the county or redevelopment agency to any person or whenever the county or agency leases real property in any tax increment district to any person for redevelopment, the property shall be assessed and taxed in the same manner as privately owned property, and the lease or contract shall provide that the lessee shall pay taxes upon the assessed value of the entire property and not merely the assessed value of the lessee's leasehold interest. [L 1985, c 267, pt of §1]

Section: Previous  46-105  46-106  46-107  46-108  46-109  46-110  46-111  46-112  46-113  46-121  46-122  46-123  46-124  46-125  46-126  Next

Last modified: October 27, 2016