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.
Reported from FIN (Stand. Com. Rep. No. 1945-26), recommending adoption.
Summary
The resolution directs the Department of Business, Economic Development, and Tourism to conduct a comprehensive study of Hawaii’s state and county tax structures and related programs, including a cost‑of‑doing‑business analysis. It also asks the department, together with the University of Hawaii’s Economic Research Organization, to recommend ways to align tax policies with programs to better support long‑term growth. Findings will be shared with tax officials, county mayors and other stakeholders.
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