From an MR reader:

The most Democratic legislature in the country passed two market-friendly bills this session.

1) HB2404 CD 1 represents the largest income tax cut in the State’s history (description and analysis here).

2) SB 3202 forces the counties to allow more construction of Accessory Dwelling Units on residential properties (news article here).

As somebody who works on HI state policy, looking at the supply-side constraints is a new way of thinking here. People are starting to recognize that the same old demand-side approaches are not working. I expect more laws like this in the coming years.

Hawaii has always been a small-c conservative state, in part due to the large Asian population. The Leg once again struck down a Cannabis legalization bill this year despite a big push from Progressives.

It will be interesting to see what happens next.

Keep reading this article on Marginal Revolution.

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