Hawaii County Tax Increment Bonds Amendment (2022)
| Hawaii County Tax Increment Bonds Amendment | |
|---|---|
 | |
| Election date November 8, 2022 | |
| Topic State and local government budgets, spending and finance | |
| Status Not on the ballot | |
| Type Constitutional amendment | Origin State legislature |
The Hawaii County Tax Increment Bonds Amendment was not on the ballot in Hawaii as a legislatively referred constitutional amendment on November 8, 2022.[1]
This amendment would have allowed counties to issue tax increment bonds funded through property taxes to fund public works projects or public improvements and would have excluded tax increment bonds from the debt limit. Tax increment bonds were authorized through 2020 legislation provided that constitutional authority was required to take effect.[1]
Text of the measure
Ballot title
The ballot title would have been as follows:
| “ | Shall the constitution be amended to expressly provide that the legislature may authorize political subdivisions, such as the counties, to issue tax increment bonds to pay for specified public works, public improvements or other actions by the political subdivision within the tax increment district and also be amended to exclude tax increment bonds in determining the funded debt of the political subdivisions?[2] | ” |
Full text
The full text was available here.
Path to the ballot
- See also: Amending the Hawaii Constitution
The state process
The Hawaii State Legislature can put a proposed amendment on the ballot upon either a two-thirds (66.67%) majority vote in both chambers of the legislature in the same session or two simple majority votes in both chambers held in two successive sessions.
2022 legislative session
This amendment was introduced as House Bill 2085 and was passed in the House unanimously (with three representatives excused) on March 4, 2022.[1]
| Vote in the Hawaii House of Representatives | |||
| Requirement: Two-thirds (66.67 percent) vote in each chamber; or a simple majority vote in each chamber in two sessions | |||
Number of yes votes required: 34  | |||
| Yes | No | Not voting | |
|---|---|---|---|
| Total | 47 | 0 | 3 |
| Total percent | 94.00% | 0.00% | 6.00% |
| Democrat | 44 | 0 | 2 |
| Republican | 3 | 0 | 1 |
See also
External links
Footnotes
- ↑ 1.0 1.1 1.2 Hawaii State Legislature, "House Bill 2085," accessed March 8, 2022
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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