Bill 37 fails to index tax credit to inflation; Bill 38 is better

The following testimony was submitted by the Grassroot Institute of Hawaii for consideration by the Honolulu City Council on Feb. 28, 2023.

February 28, 2023
9 a.m.
Honolulu City Council Chambers

To: Honolulu City and County Council Committee on Budget
       Radiant Cordero, Chair
       Matt Weyer, Vice Chair

From: Grassroot Institute of Hawaii
           Ted Kefalas, Director of Strategic Campaigns


Comments Only

Dear Chair and Committee Members:

The Grassroot Institute of Hawaii would like to offer its comments on Bill 37 (2022), which would increase the income eligibility for the real property tax credit from $60,000 to $70,000.

This bill would succeed in providing lower income households additional relief, but it would not automatically adjust this relief to account for inflation. As a result, it would give smaller amounts of assistance every year that Honolulu’s cost of living rose.

For this reason, we believe Bill 38 would be a more useful vehicle to lower residents’ property tax burden.

Thank you for the opportunity to testify.


Ted Kefalas
Director of Strategic Campaigns
Grassroot Institute of Hawaii

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