PRESS RELEASEMay 7, 2013
FOR IMMEDIATE RELEASE
Mayor's Response to Council Override of Bill 16
WAILUKU, Maui, Hawai`i – Maui County Council members passed Bill 16 today, by overriding Mayor Arakawa's veto of the bill. Bill 16 would amend the Circuit Breaker tax credit with the intention of weeding out those who abuse the credit, but with severe restrictions that may seriously affect qualified residents.
Last month while Mayor Arakawa and his staff were in ongoing discussions about Bill 16 the mayor sent two letters discussing how this bill might be improved, one letter to the council dated April 19 and another dated April 26. Both letters went unaddressed by the council as they passed Bill 16 in its original form.
"I commend the council for their hard work in addressing this important issue, we know they and their staff put in a lot of hours researching and studying this matter,” said Mayor Alan Arakawa. “Both this administration and the council want to catch those abusing our Circuit Breaker tax credit, but this piece of legislation includes some language that could be inadvertently hurtful to those who are deserving of the credit.
We must be fiscally responsible in ensuring real property tax revenues are maximized and that the system of taxation that we utilize maintains the highest integrity and fairness.”