Bill > HCR183

This concurrent resolution requests the Department of Taxation (DoTAX) and the Economic Research Organization at the University of Hawaii (UHERO) to collaborate on developing comprehensive, data-driven analyses of tax policies and their broader economic impacts. Specifically, the resolution calls for joint research to examine how state, local, and federal tax policies affect cost of living, affordable housing, migration patterns, and economic development opportunities. The resolution outlines six key research objectives: analyzing how tax policies influence population and workforce movements, developing policies that reduce financial burdens on low- and moderate-income households, evaluating strategies to ensure non-residents and visitors contribute fairly to tax revenues, identifying barriers preventing eligible residents from claiming tax credits, and assessing the efficiency and effectiveness of existing tax credits and exemptions. The underlying context is Hawaii's need for rigorous, independent economic analysis to help policymakers make informed decisions amid increasing economic uncertainty and complex policy challenges. By leveraging UHERO's public-private partnership model and DoTAX's data resources, the resolution aims to enhance the state's capacity for precise, data-driven policymaking that can address critical economic issues.

Budget and Finance

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HCR&billnumber=183&year=2025