“That’s going to break the back of the industry?” one senator asks opponents of a plan to help bail out the Honolulu rail project.
UPDATED: The proposal to raise hotel taxes and extend the GET next faces another vote by the full Senate on Wednesday, then likely House consideration.
Hours before the special session begins, the mayor called for renegotiation of the proposed tax increases so “we don’t have to come back again.”
Honolulu Mayor Kirk Caldwell and his City Council stalwarts are playing chicken with a political freight train.
How HECO plans to replace that electricity for Oahu customers is still unknown but Hawaii’s last coal-fired power plant intends to shut down in just five years.
State lawmakers also want a thorough audit of the beleaguered project.
Competition could spark a price war, but experts question whether Hawaii can support a third container fleet long term.
Four other trusts, derived from the wealth of Native Hawaiian royalty, support a wide range of philanthropies and hold vast business interests.