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Senate committee OKs change to HTA CEO retirement exemption after budget questions
Summary
The joint Senate committees passed an amendment to Senate Bill 1536 to modify retirement-benefit treatment for the Hawaii Tourism Authority’s chief executive, after questions about salary, benefits cost and how the board reached the proposal.
The joint Senate Committee on Economic Development and Tourism and the Senate Committee on Labor and Technology voted Thursday to pass Senate Bill 1536 with amendments and defer the effective date to July 1, 2050. The bill addresses retirement-benefit status for the Hawaii Tourism Authority’s (HTA) president and chief executive.
Supporters at the hearing said the measure would allow the HTA board to offer the CEO a benefit package different from standard state retirement. Daniel,…
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