PROPOSING AMENDMENTS TO ARTICLE VII, SECTIONS 12 AND 13, OF THE CONSTITUTION OF THE STATE OF HAWAII TO EXPRESSLY PROVIDE THAT THE LEGISLATURE MAY AUTHORIZE THE COUNTIES TO ISSUE TAX INCREMENT BONDS AND TO EXCLUDE TAX INCREMENT BONDS FROM DETERMINATIONS OF THE FUNDED DEBT OF THE COUNTIES.
Sponsored By: Glenn Wakai (Democratic)
In Committee
Summary
Proposes amendments to the Constitution of the State of Hawaii to expressly provide that the Legislature may authorize, by general law, political subdivisions, such as counties, to issue tax increment bonds and to exclude tax increment bonds in calculating the debt limit of the political subdivisions.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Glenn Wakai
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
Angus L.K. McKelvey
Democratic • Senate
Karl Rhoads
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to EIG, JDC/WAM.
2/2/2026SenateIntroduced.
1/28/2026SenatePassed First Reading.
1/28/2026Senate
Bill Text
Original
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