HONOLULU — The Hawaiian state legislature approved a five-year extension of Oahu’s rail tax surcharge, sending a bill to Gov. David Ige that aims to complete the largest public works project in the state’s history, the Star Advertiser reported.
The bill would generate about $1.8 billion in additional rail funding from Oahu’s 0.5% general excise tax surcharge by allowing it to expire in 2027 instead of 2022. Transit leaders say that’s more than enough for the project to climb out of a budget hole that could be as deep as $910 million. For the full story, click here.
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