Budget & Taxes (Tax Incentives)

passed · Hawaii · House Dec 8, 2025

HB 92: RELATING TO AGRICULTURE.

Includes agricultural businesses as a qualified high technology business to receive tax credits for certain research activities. Effective 7/1/3000. (HD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credits for agricultural research, providing targeted tax relief to businesses. Directly aligns with tax incentive support indicators.95% confidence

Sub-Topics Business Taxes Tax Incentives Tags Agriculture

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in committee · Hawaii · Senate Jan 22, 2026

SB 2028: RELATING TO THE AQUACULTURE INVESTMENT TAX CREDIT.

For taxable years beginning after 12/31/2026, establishes a 5-year aquaculture investment tax credit for taxpayers that incur qualifying investment costs relating to qualified aquaculture businesses.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes tax credit for aquaculture investments, providing tax relief to qualifying businesses per bill summary.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · Hawaii · House Dec 8, 2025

HB 1215: RELATING TO GENERAL EXCISE TAX EXEMPTION.

Exempts from the general excise tax, amounts received by a contractor for contracting work performed in a county having a population of more than one hundred twenty-five thousand but less than one hundred eighty-five thousand.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts contractors from general excise tax, providing tax relief per support indicators for business tax policy.85% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · Hawaii · Senate Dec 8, 2025

SB 1241: RELATING TO GENERAL EXCISE TAX EXEMPTION.

SB 1241 establishes a general excise tax exemption for specific medical services, including dental care, meaning providers of these services would no longer pay the standard excise tax on them. The bill directly affects medical providers who offer qualifying services like dental care by removing their tax obligation. Key provisions define which medical services qualify for the exemption, creating a clear policy change in tax treatment. This is a concrete policy adjustment focused solely on tax relief for covered healthcare services.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax exemption for medical services, reducing provider tax burden and aligning with tax relief indicators for qualifying services.95% confidence ✓ HealthcareSupports HealthcareExempts dental and medical services from excise tax, reducing provider costs and improving access to care by lowering financial barriers for qualifying services.90% confidence

Sub-Topics Sales Tax Tax Incentives

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passed · Hawaii · Senate Dec 8, 2025

SB 338: RELATING TO TAXATION.

For taxable years beginning after 12/31/2025, temporarily reinstates the Technology Infrastructure Renovation Tax Credit and expands the definition of "technology-enabled infrastructure" to include data servers. Requires the Department of Taxation to submit a report to the Legislature. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesReinstates tax credit for tech infrastructure, providing tax relief to businesses and expanding eligibility for data servers.90% confidence

Sub-Topics Tax Credits Tax Incentives

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