Tuesday, July 5, 2022
Hawai'i Free Press

Current Articles | Archives

Tuesday, May 3, 2022
Hawaii lawmakers could approve $300 tax rebates this week
By Selected News Articles @ 3:55 AM :: 888 Views :: Tax Credits

Hawaii lawmakers could approve $300 tax rebates this week

by Merrilee Gasser, The Center Square, May 2, 2022

(The Center Square) - A bill that would give taxpayers in Hawaii up to $300 in rebate checks could be decided by the Legislature on Tuesday.  

Senate Bill 514 was sent to a conference committee last week after the Senate disagreed with House amendments.

The bill's language now specifies the state will give $300 checks to individuals earning less than $100,000 and couples earning less than $200,000. One-hundred dollar checks will go to individuals earning $100,000 or more and couples earning $200,000 or more. According to the bill, the amounts will be multiplied by the number of the taxpayer's qualified exemptions.

Hawaii is experiencing a $4 billion budget windfall. The bill would also allocate $300 million to the pension accumulation fund and $500 million to the emergency and budget reserve fund.

The Grassroot Institute previously submitted written testimony on the bill criticizing the lack of specifying the amount taxpayers could expect. It also suggested more money go back to the taxpayers.

"We suggest that, given the amount of its budget surplus, the state return at least one-third of the windfall, or about $1 billion, to the taxpayers," said Joe Kent, Executive Vice President of the Grassroot Institute of Hawaii. "That would equal approximately $1,361 for each of Hawaii's 734,673 taxpayers."

He also said the legislature should help alleviate the state's high cost of living by cutting taxes "which the state can clearly afford."

Sen. Donovan Dela Cruz, D-Wahiawa, told The Center Square in April the bill is meant to give relief to residents, estimating the total cost of the rebate program will be around $250 million.

He said lawmakers were also looking at options for getting the rebate checks out sooner rather than later so taxpayers won't have to wait until the next tax filing season. 

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Life Alliance

Hawaii March for Life

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT