The Senate today passed HB 2169, which will help reduce increases in unemployment taxes for Hawaii businesses, while maintaining funding for unemployment benefits. Because the bill has already passed the House and was not amended by the Senate, it is expected to receive final House approval quickly, and that Governor Lingle will sign the bill into law next week.
“HB2169 will provide timely, significant tax relief for businesses while maintaining unemployment benefits for those who are underemployed or unemployed through no fault of their own. Both the $241 million in tax relief over two years and ensuring the underemployed and unemployed have full unemployment benefits will support the state’s economic recovery,” said Senator Dwight Takamine, chair of the Labor Committee. “Ensuring adequacy of the Unemployment Trust Fund will buffer businesses against any reoccurrence of the current situation where businesses were hit with higher taxes precisely at the time that they can least afford it.”

Parents against furlough Fridays Rally at the Hawai‘i State Capitol, October 23, 2009.






