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Hawaii Governor Wants to Use $1 Billion Surplus for Tax Rebates

Jan. 24, 2022, 9:47 PM

Hawaii Gov. David Y. Ige wants to use some of the state’s $1 billion surplus to give $100 to every taxpayer and dependent.

The Democratic governor during his final state of the state address Monday asked lawmakers to take action to allow the state to issue refund checks totaling $110 million.

  • Ige also called for a new tax credit initiative for small, startup companies.
  • Tax collections in 2022 are expected to be 27.3% higher than last year, he said.
  • General fund revenue is ...

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