March 27, 2018 / 5:50 PM / 6 months ago

BRIEF-‍Fitch Says Increase In Hawaiian Counties' Transient Accommodation Taxes Share Could Relieve Pressure​

March 27 (Reuters) - Fitch:

* SAYS INCREASE IN HAWAIIAN COUNTIES’ TRANSIENT ACCOMMODATION TAXES SHARE COULD RELIEVE PRESSURE​

* SAYS PROPOSED BILL TO RAISE SHARE OF TAT ALLOCATED TO HAWAIIAN COUNTIES FROM STATE COULD RELIEVE BUDGET PRESSURES FROM RISING COMPENSATION, PENSION COSTS

* ‍SAYS PROPOSED INCREASE IN TAT COULD AID HAWAIIAN COUNTIES’ ABILITY TO ABSORB INCREASING COSTS WITHOUT NEED TO RAISE PROPERTY TAXES/CUT SERVICES Source text for Eikon:

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