Hawaii House Bill HCR182

Hawaii 2025 Regular Session

• Introduced: 3/7/25
• Refer: 3/14/25
• Report Pass: 4/3/25
• Refer: 4/4/25
• Report Pass: 4/21/25
• Engrossed: 4/22/25
• Passed: 4/22/25

Caption

Requesting That The Tax Review Commission Consider Certain Goals For An Equitable, Efficient, And Adequate Tax Policy Structure In Its Deliberations.

Impact

The resolution calls for a thorough assessment of Hawaii's tax structure, emphasizing the importance of balancing the contributions made by residents and non-residents. This could lead to significant changes in tax policies, impacting both the individual taxpayers and the economic landscape of Hawaii, aiming to ensure that the state's tax system maximizes benefits for local taxpayers while remaining fair towards visitors and non-residents.

Summary

HCR182 is a House Concurrent Resolution from the 2025 legislative session in Hawaii that requests the Tax Review Commission (TRC) to consider various goals in developing an equitable, efficient, and adequate tax policy structure. This resolution underscores the necessity for the TRC to evaluate the state's tax system comprehensively, focusing on how tax burdens are distributed among different groups, the efficiency of tax collection methods and the adequacy of revenue generated to meet government spending needs.

Contention

Discussions surrounding HCR182 highlight varying perspectives on taxation, particularly in how certain tax credits and exemptions are utilized. There is a recognition that prior evaluations by TRCs have typically revolved around principles of equity, efficiency, and adequacy, which have led to recommendations that could either instigate debate or lead to consensus on how to reshape tax policies to better serve the state’s needs. The resolution emphasizes the need to weigh both positive and negative impacts of potential tax alterations, fostering an environment for continued dialogue on fiscal responsibility and equity.