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Hawaii News

Lawmakers vote for 2 more years of rail tax


    Mayor Kirk Caldwell said he wants to extend the excise tax surcharge for rail to at least 2047 to make “absolutely certain” the city will have the money to complete the system.


    State Rep. Gene Ward said the evolving estimates for the cost of rail raise critical “trust issues” because the voters would never have approved the project had they known it would cost $10 billion.

The House Finance Committee voted late Wednesday night to provide an additional $1.2 billion to financially bail out the Honolulu rail project, but Honolulu Mayor Kirk Caldwell said that won’t be enough to get the job done. Read more

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