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Governor signed bill that will give $130 million to low income f - Honolulu, Hawaii news, sports & weather - KITV Channel 4

Governor signed bill that will give $130 million to low income families

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HONOLULU -

Tax relief for Hawaii's low income working families. That's on the horizon next year in the way of a food tax credit.

For years, advocates pushed to provide a way to offset the high cost of living for those who can least afford it. 

House Bill 209 also sets a state earned income credit similar to what the federal government currently allows.

Rep. Aaron Johanson says he wrote the bill on behalf of an Aiea mother who pleaded for help because she struggled to take care of an aging parent as well as her children.

"Today, this is a big fix which helps constituents like that who are paying a lot of what they make the little they make in state income they pay a  disproportionately share than those who make a whole lot more," Johanson said.
   
The governor signed the bill into law.
     
The state tax office projects that the bill will give $130 million to low income families over the first six years.  
     
To make the bill work, those making $300,000 or more will pay a higher tax rate.

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