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HI HR102
Resolution
Status
4/7/2022
Primary Sponsor
Nadine Nakamura
Click for details
AI Summary
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Urges Hawaii's congressional delegation to introduce and support legislation repealing the $10,000 state and local taxes (SALT) deduction cap enacted in the Tax Cuts and Jobs Act of 2017.
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Identifies the SALT cap as disproportionately reducing Hawaii residents' after-tax income compared to lower-tax states due to Hawaii's higher cost of living and tax rates.
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Contends the SALT cap increases state budget deficits, decreases consumer spending, and fails to account for inflation or marital status differences.
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Directs transmission of certified copies of the resolution to all members of Hawaii's congressional delegation.
Legislative Description
Urging Hawaii's Congressional Delegation To Introduce And Support Legislation That Would Repeal The $10,000 Limitation On The Deduction For State And Local Taxes Enacted By The Federal Tax Cuts And Jobs Act Of 2017.
Repeal
Last Action
Resolution adopted in final form.
4/7/2022