Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Policy topic
No spam. Unsubscribe anytime.
Several representatives voice reservations about proposed low‑income tax credit bill, citing cost-of-living and equity concerns
Summary
Lawmakers raised objections to a proposed low‑income tax credit (discussed as part of a finance-related bill), warning the measure could affect low‑income households and may not reduce the cost of living as intended. Speakers urged careful review of who benefits and potential regressivity of the tax code.
A proposed bill related to a low‑income tax credit and other finance measures prompted multiple members to rise in opposition or to register reservations, with remarks centered on whether the measure would help reduce the cost of living and whether it would inadvertently harm low‑income families.
Representative Shimizu said she was “in opposition with brief comment” and argued the bill would not help reduce the rising cost of living. Representative Iwamoto also “rose in opposition” and said the bill’s scope is broad and could affect the state’s lowest‑income families. Iwamoto noted the low‑income tax credit’s intent is to address regressive elements of the state income‑tax schedule and warned the bill could undermine that goal.
Other members entered reservations and requested their remarks be inserted into the journal; floor leaders recorded those reservations as part of the consent/roll-call process. The transcript does not provide a discrete bill number in the floor discussion excerpt that included these comments; the item was discussed during consideration of standing committee reports on finance issues and was part of a larger package advanced by the House.
