Page 3 - MidWeek Central - August 24, 2022
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With higher gas and food costs, my colleagues and I understand that every bit of extra money in your pocket can make a difference.
gradually from $10.10 incre- mentally until it reaches $18 in 2028. The $18 minimum would be the highest wage in the nation.
by exempting certain ship- ping-related fees and ser- vices from general excise taxes.
In addition to the hun- dreds of millions in the bud- get for affordable housing, the Legislature also passed several measures to address the rising cost of living in Hawai‘i.
Designed to benefit low- and middle-income resi- dents, this measure makes the earned income tax credit permanent and refundable, helping cut taxes and poten- tially increase tax refunds for Hawai‘i residents.
Altogether, these mea- sures will help reduce the financial burdens of our res- idents and make Hawai‘i a more attractive place to live, work and play.
First and foremost, Ha- wai‘i enacted the nation’s first statewide $18 mini- mum wage law. The mea- sure, HB2510, will raise the state’s minimum wage
Another measure, SB514, provides one-time tax re- funds. Individuals who earned less than $100,000 in 2021 and couples who earned less than $200,000
Members of the conference committee on SB514, which provides a tax rebate to residents, are (from left) state Reps. Kyle Yamashita and Sylvia Luke, and state Sens. Donovan Dela Cruz, Gilbert Keith-Agaran and Michelle Kidani.
PHOTO COURTESY THE OFFICE OF STATE SEN. DONOVAN DELA CRUZ
Contact state Sen. Dono- van Dela Cruz (District 22 — Mililani Mauka, Waipi‘o Acres, Wheeler, Wahiawā, Whitmore Village and a por- tion of Poamoho) at 808- 586-6090 or sendelacruz@ capitol.hawaii.gov.
STATE SEN. DONOVAN DELA CRUZ
Fighting The High Cost Of Living Here In The Islands
Summer Savings!
will get $300 per tax exemp- couples who earned more tion. For a family of four, the than $200,000 will receive payout could total $1,200. $100 per exemption. Individuals who earned The Legislature recogniz- more than $100,000 and es that the shipping industry
is critical to the well-being of the people of Hawai‘i as most goods are imported. SB2475 will help reduce the costs of imported goods
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