REQUESTING THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM TO CONDUCT A STUDY ON THE EFFECT OF STATE AND COUNTY TAX STRUCTURES AND PROGRAMS ON THE LONG-TERM ECONOMIC GROWTH OF THE STATE OF HAWAII.

Summary

The House concurrent resolution requests the Department of Business, Economic Development, and Tourism to conduct a comprehensive study of Hawaii’s state and county tax systems and related programs. The study will examine how tax levels and other operating costs influence business investment, startup survival, and overall economic growth, and will include policy recommendations prepared with the University of Hawaii’s Economic Research Organization. The goal is to provide data that can help align tax policies with economic development objectives.

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