§246-3  Tax year; time as of which levy andassessment made.  For real property tax purposes, "tax year"shall mean the fiscal year beginning July 1 of each calendar year andending June 30 of the following calendar year.  Real property shall beassessed, and taxes shall be levied thereon, as of January 1 precedingeach tax year upon the basis of valuations determined in the manner and at thetime provided in this chapter. [L 1932 2d, c 40, §25; RL 1935, §1934; am L1939, c 208, §3; RL 1945, §5140; am L 1945, c 79, §8; RL 1955, §128-3; am L1967, c 255, §§2, 28, 46; HRS §246-3; am L 1969, c 170, §2; am L 1975, c 157,§2]

 

Case Notes

 

  Cited:  33 H. 766,778.