Exemptions to real property taxes as set forth in HRS Chapter 53 (“Urban Renewal Law”) and Chapter 183 (“Forest Reserves, Water Development, Zoning”), and in § 208 of the Hawaiian Homes Commission Act, 1920, and which were enacted before November 7, 1978, shall remain in effect and be recognized and implemented by the city in its administration of the real property tax system; provided that real property leased under homestead and not general lease pursuant to the authority granted the department of Hawaiian home lands by § 207 of the Hawaiian Homes Commission Act, 1920, shall be exempt from real property taxes, the seven-year limitation on the exemption afforded by § 208 of the Hawaiian Homes Commission Act, 1920, notwithstanding.
(Sec. 8-10.23, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 8, Art. 10, § 8-10.23) (Am. Ords. 92-38, 92-63, 93-13, 93-112, 97-56, 00-65)