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Aiona vetoes suspension of high-tech tax credits

Aiona vetoes suspension of high-tech tax credits

MEDIA RELEASE Lt. Gov. James R. “Duke” Aiona, Jr., as acting governor, has vetoed Senate Bill 2401, which would have suspended the Act 221 investment and infrastructure renovation tax credits for three years. Currently, Act 221 provides a 100 percent non-refundable credit for investments in qualified high-technology businesses. Individuals and companies that make these investments […]

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