#tax revenue

The Hawaiʻi State Legislature will convene in regular session on Wednesday, Jan. 21, 2026, marking the second year of the 33rd Legislature. As the legislative session begins, the House Majority Caucus has outlined its top priorities for the upcoming year.

A Maui County Council plan to contract its own study of the economic impacts of Mayor Richard Bissen’s proposed phase-out of Maui County vacation rentals has fallen to the wayside, and Council legislative analysts will conduct research in-house instead.

Two Senate committees voted Thursday to recommend passage of a bill to legalize adult personal use of cannabis Hawaiʻi and establish taxes on its retail sale and medical use.

Hawaii Tourism Authority statistics show records will be set for generated state tax revenue, visitor spending and visitor arrivals.

Eleven months into the current 2012 fiscal year and general fund deposits are up by 13.6% compared with the 2011 fiscal year.

The Council on Revenues lowered its revenue forecast for 2012 fiscal year yesterday by 3 percentage points since its earlier estimate in September 2011.

The Hawaii Tourism Authority (HTA) today reported that Hawaii will see additional flights from Asia beginning in the fourth quarter of 2011.

Following the release last December of a State Auditor which pointed out major organizational problems, the Hawaii Tax Department is seeking to hire an independent auditor to review then department’s revenue reporting and accounting policies and procedures.

In its March Forecast, the Council on Revenues lowered its projections for tax revenue growth, in fiscal year 2011, from 3.0 percent to 0.5 percent.