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Gov. Green signs bill into law to reduce taxes in Hawaii

Gov. Josh Green signed HB 2404 and SB 1035 during Monday’s news conference at the state Capitol. The new law, stemming from House Bill 2404, will reduce taxes for households by 10%, to 72%, depending on income, in steps over eight years and provide an estimated $5.6 billion in total savings.

By Craig T. Kojima

June 3, 2024

Hawaii Photos

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Gov. Josh Green signed HB 2404 and SB 1035 during Monday’s news conference at the state Capitol.
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Governor Josh Green, M.D., will sign HB 2404 and SB 1035, providing significant tax relief.
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Dr. John Lauris Wade, left, Dr. Jason Ching, Dr. Scott Grosskreutz, Dr. Don Stand, and Dr. Elizabeth Ann C Ignacio HMA President.
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Dr. John Lauris Wade, left, Dr. Scott Grosskreutz, and Dr. Elizabeth Ann C Ignacio, HMA President.
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Senator Sharon Moriwaki.
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Representative Kyle Yamashita.
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Senator Lorraine Inouye.
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Representative Mark Nakashima.
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Representative Mark Nakashima and Governor Josh Green.
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Dr. Seth Colby. Department of Taxation researcher.
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Gary Suganuma, Director of Taxation.
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Gov. Josh Green signed HB 2404 and SB 1035 during Monday’s news conference at the state Capitol.
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Rep. Mark Nakashima receives pen from Governor Josh Green.
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Representative Mark Nakashima, and Governor Josh Green.
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Governor Josh Green with Dr. Edward Gutteling.
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Governor Josh Green, Dr. Elizabeth Ignacio, HMA president, and Senator Lorraine Inouye.

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