Bill > HCR182

This concurrent resolution requests that the Tax Review Commission (TRC), a state body responsible for evaluating Hawaii's tax structure, consider specific goals when analyzing the state's tax policy. The resolution outlines six key objectives for the TRC to examine, including maximizing taxpayer benefits by considering federal tax code provisions, assessing the impact of federal policies on Hawaii taxpayers, ensuring non-residents and visitors contribute fairly to the tax base, evaluating the effectiveness of tax credits and exemptions, analyzing the pros and cons of one-time versus recurring tax revenue sources, and examining factors affecting revenue generation and enforcement. The resolution is grounded in the constitutional and statutory requirements for the TRC to conduct systematic reviews of the state's tax structure, guided by principles of equity (how tax burdens are distributed), efficiency (transaction costs of the tax system), and adequacy (ability to generate sufficient revenue for government spending). By adopting this resolution, the Hawaii Legislature is providing guidance to the TRC to conduct a comprehensive and nuanced review of the state's tax policy, with the ultimate goal of creating a more fair, efficient, and effective tax system.

Budget and Finance

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HCR&billnumber=182&year=2025