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Hawaii May Extend Storm Damage Tax Credits

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At a glance:

The State of Hawaii is considering providing a tax credit of up to $10,000 for victims of storm damage statewide.
 
This would involve extending current pending legislation to cover all storm damage, not just specific storms that are specified.

State may offer tax relief for damage from recent storms

Honolulu Advertiser - 4/4/2006 7:16 AM

Gov. Linda Lingle said yesterday she will ask state lawmakers to offer tax credits to households and businesses that suffered property damage from the storms that battered the Islands over the past several weeks.
 
Bills are alive that would provide tax credits of up to $10,000 to the victims of the October 2004 Manoa flood and extend similar relief to Windward O'ahu residents who have suffered recent storm damage. Kurt Kawafuchi, state tax director, was to ask the state Senate Ways and Means Committee this morning to amend one of the bills to cover p
 
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