Members of the Hawaii State House and Senate have expressed that they are confident that Hawaii’s improving economy will be more then sufficient to provide for the upcoming two-year state budget. However, these same lawmakers have added that they are going to be very cautious about additional spending including creating tax incentives or increasing funding to various state programs due to financial uncertainty in the years to come. Senate President, Donna Mercado Kim, stated, “We’d like to continue to assist the economy in whatever ways we can, which would be tax credits, but then in the out years, when those tax credits have to be paid, that’s when some of the collective-bargaining items will also come due. If we’re going to adopt new programs, can we continue to fund them into the future?”
Source: Honolulu Star Advertiser, 4-10-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
