Recently, there has been fierce debate over Bill 42 before the Honolulu City Council. Here’s the background: In 2007, the city passed Ordinance 07-001, which says that the Honolulu rail project would be funded only with proceeds of the general excise tax surcharge and federal money.
The state’s four Native Hawaiian Chambers of Commerce have entered into an alliance. State Sen. Brickwood Galuteria made the announcement at the 12th annual Hui Holomua Business Fest presented by the Maui Native Hawaiian Chamber of Commerce in Waikapu, Maui, on Oct. 17.
On Oct. 18, the Supreme Court of Hawaii held oral argument on a petition by the four counties to invalidate “Con-Am,” the constitutional amendment ballot measure that would allow the state to slap a “surcharge,” essentially an additional property tax, on “investment” real property.