Hawaii Senate skips conference, passes investment real estate tax bill

The Hawaii state Senate on Monday gave final passage to a bill that seeks to amend the state constitution by allowing the Legislature to tax investment properties and earmark the revenue for public schools, after bypassing a conference committee to discuss amendments made by the House.

The bill now places a question on the November ballot that will read “Shall the Legislature be authorized to establish, as provided by law, a surcharge on investment real property to be used to support public education?”


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