Tuesday, July 29, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet


For Wednesday, June 15, 2011

By Star-Advertiser staff


Governor signs 2 tax bills

Gov. Neil Abercrombie signed a bill into law Tuesday that temporarily suspends general excise tax exemptions for nearly two dozen business activities, the largest source of new revenue to help balance the state budget.

Discontinuing the exemptions for contractors, businesses that sublease, airlines and others could generate about $200 million a year. The law is scheduled to expire in June 2013.

Abercrombie also signed a bill that repeals a state income tax deduction for higher-income taxpayers, limits itemized deductions for higher-income taxpayers and delays an increase in the standard deduction and personal exemption.

Lawmakers turned to the tax changes, along with spending cuts for state programs and labor savings from public-sector unions, to close a projected $1.3 billion deficit over two years.

Hanauma bay seeks steward volunteers

People age 16 to 21 are invited to take part in a natural resource stewardship summer program at Hanauma Bay Nature Preserve. To register for the E Malama Hanauma Youth Stewardship Volunteer Program, contact Gavin Iwai at 397-5840, hbvp@hawaii.edu or HanaumaBayEducation.org.

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
Latest News/Updates