SB 138 Hawaii Senate · 2026 Regular Session

RELATING TO TAXATION.

Summary

Establishes a nonrefundable income tax credit for taxpayers that incur costs related to the design, materials, installation, and construction of hurricane-resistant safe rooms. Effective 7/1/2077. (SD1)

Issues: ✓ Budget & Taxes

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2025

Committee Review

Feb 2025

Senate Passage

Feb 2025

House Passage

Governor

Introduced Jan 10, 2025 Last action Dec 8, 2025

Maddy AI version diff · 1 comparison

What changed between versions

SB138 → SB138_SD1 · 3 edits

MINOR

The bill was transitioned from a House version to a Senate version (SD1), updating internal tracking numbers and metadata. The most significant substantive change is the effective date, which was moved from the start of the 2025 tax year to July 1, 2077, likely indicating a placeholder or a specific future implementation date. Additionally, a new provision was added to explicitly prohibit claiming other tax credits for the same qualified expenses, preventing double-dipping.

Scope change

The bill's applicability was delayed from the 2025 tax year to July 1, 2077, and a restriction was added to prevent overlapping tax credits for safe room construction costs.

TIMELINE

The effective date of the Act was changed from 'after December 31, 2024' to 'July 1, 2077'.

ELIGIBILITY

A new clause was added stating that no other tax credit or deduction can be claimed for the same qualified expenses, preventing double benefits.

TECHNICAL

Internal bill identifiers, revision numbers, and metadata were updated to reflect the Senate version (SD1).

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 5, 2025

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Feb 5, 2025

Committee

Reported from PSM (Stand. Com. Rep. No. 34) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Jan 24, 2025

Upper · Passed

The committee(s) on PSM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in PSM were as follows: 4 Aye(s): Senator(s) Elefante, Wakai, Fukunaga, Rhoads; Aye(s) with reservations: none ; 1 No(es): Senator(s) DeCorte; and 0 Excused: none.

upper

Jan 21, 2025

Upper · Passed

The committee(s) on PSM has scheduled a public hearing on 01-24-25 3:00PM; Conference Room 225 & Videoconference.

upper

Jan 17, 2025

Committee

Referred to PSM, WAM.

upper

Jan 15, 2025

Introduced

Introduced and passed First Reading.

upper

Jan 10, 2025

Introduced

Pending Introduction.

upper

2 primary · 0 co-sponsors