Hawaii Senate Bill to Raise Tourist Tax for Climate Resilience

SOURCE www.foxnews.com
Hawaii Senate passes bill to raise tourist tax to fund climate resilience efforts. The bill aims to increase the tax to 11% in 2025 and 12% in 2026, with funds going towards climate mitigation and economic development.

Key Points

  • Bill aims to raise tourist tax to 11% in 2025 and 12% in 2026
  • Revenue to go towards Climate Mitigation and Resiliency Special Fund
  • Support from State Representative Adrian Tam and Gov. Josh Green

Pros

  • Funding for climate resilience efforts
  • Preparation for and adaptation to climate change
  • Protection of delicate ecosystems

Cons

  • Potential increase in taxes for tourists