Requesting a study on the impact of Hawaii's state and county tax structures on long-term economic growth.

The bill requests the Department of Business, Economic Development, and Tourism to conduct a comprehensive study on Hawaii's state and county tax structures and programs. The study aims to determine how these tax structures can be most equitably and efficiently paid for to foster long-term economic growth. It also seeks policy recommendations on realigning and prioritizing existing tax structures with state and county programs. The study will consider the comprehensive cost of doing business in Hawaii, including high operational costs such as taxes, energy, labor, and imported inputs.

Requesting a study on the impact of Hawaii's state and county tax structures on long-term economic growth.

The bill requests the Department of Business, Economic Development, and Tourism to conduct a comprehensive study on Hawaii's state and county tax structures and programs. The study aims to determine how these tax structures can be most equitably and efficiently paid for to foster long-term economic growth. It also seeks policy recommendations on realigning and prioritizing existing tax structures with state and county programs. The study will consider the comprehensive cost of doing business in Hawaii, including high operational costs such as taxes, energy, labor, and imported inputs.