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Hawaii News

Tax credit granted to harbor firm divides lawmakers

  • PACIFIC SHIPYARDS INTERNATIONAL / FACEBOOK

    Pacific Shipyards and Navatek successfully lobbied lawmakers in 2014 for the original tax credit to help the tenants relocate, but it is now unclear if anyone other than Pacific Shipyards can benefit from the credit.

A politically connected ship repair company has finally succeeded in a years-long lobbying campaign to get lawmakers to sweeten a special tax credit to subsidize the company’s relocation from state-owned waterfront land to make way for a new container terminal. Read more

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