- Authorities approve $1,200 dollar payments for families.
- They will be sent in the next few weeks.
- A long-term plan to gradually increase the minimum wage for workers is also in the works.
MORE MONEY ON THE WAY. Officials approve checks for up to $1,200 dollars for families and reveal that they will be sent in the coming weeks. In addition, they established a long-term plan to gradually increase the minimum wage in Hawaii.
Last week, Hawaii Governor David Ige passed new legislation establishing a tax refund for the residents of his state that could give families up to $1,200 dollars. The payments will be sent out in just a few weeks.
Checks for up to $1,200 will be sent in the next few weeks
“At the beginning of the 2022 legislative session, we made a commitment to support programs and policies that would help our residents get back on their feet,” Governor Ige said after a ceremony signing the two new pieces of legislation including checks and a higher minimum wage.
Officials will now deliver $300 to eligible people in the state, which means a family of four could receive a check for up to $1,200. They also announced that they are expected to start sending tax refunds the last week of August, reported Hawaii News Now.
The new legislation establishes $300 tax refunds for all those taxpayers who have declared income of up to $100,000 dollars per year or couples who have jointly declared income of up to $200,000 dollars per year.
Those who earn above this income threshold should not worry because they will also be able to receive some money, although a smaller amount. For example, those who have reported income of more than $100,000 per year will receive a refund of $100.
Minimum wage increase
“I am confident, especially for those working families, that the $300 for each exemption will go back into the economy to strengthen other families as well,” said former Rep. Sylvia Luke, who is now running for Lieutenant Governor of Hawaii.
But the good news does not end there because checks for up to $1,200 are not the only benefit approved in Hawaii. The state minimum wage, which is currently $10.10 dollars per hour, will go up to $12.00 per hour in October.
More money for workers
The new legislation also establishes a long-term plan that will benefit workers. On January 1, 2024, the minimum wage in Hawaii will become $14 an hour, on January 1, 2026 it will go up to $16 an hour and on January 1, 2028 it will go up to $18 an hour.
According to Ige, the wage increase is “overdue” but that this is a “balanced approach” and will directly impact the economy of about 90,000 workers in Hawaii who earn minimum wage. “I’m excited to sign two bills that are really focused on helping working families and people who need help the most,” she added. They approve checks for $1,200 dollars and will send them in a few weeks.