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?”

The…

Previous Interest is high for former Mumbai Rail space, Stafford says
Next Arizona Biltmore sells for more than $400M