Budget & Taxes (Tax Credits)

in committee · Hawaii · House Dec 8, 2025

HB 690: RELATING TO TAXATION.

Creates an alternative water source income tax credit for taxpayers who install, place in service, or repair a water catchment system or who purchase water delivery services.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax credit for water conservation, providing tax relief under Budget & Taxes policy90% confidence

Sub-Topics Income Tax Tax Credits

Track

passed both · Hawaii · House May 1, 2026

HB 1591: RELATING TO HEALTH CARE.

Expands the definitions of "preceptor" and "volunteer‑based supervised clinical training rotation" applicable to the Healthcare Preceptor Tax Credit to improve accessibility for providers to receive income tax credits for acting as preceptors, including removing "primary care" from the criteria to qualify as a preceptor. Adds physician assistants, dietitians, and social workers to the list of preceptors and eligible students. Expands eligibility for the tax credit to include accredited residency programs that require preceptor support. Adds the Director of Health and representatives of residency programs with eligible students to the Preceptor Credit Assurance Committee. Applies to taxable years beginning after 12/31/2026. Effective 7/1/2050. (SD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit eligibility for healthcare preceptors, providing tax relief to incentivize provider participation in clinical training programs.95% confidence ✓ HealthcareSupports HealthcareExpands tax credit eligibility for healthcare preceptors (including PAs/social workers), removing barriers to increase provider training and accessibility.95% confidence

Sub-Topics Income Tax Tax Credits Primary Care

Track

in committee · Hawaii · Senate Jan 28, 2026

SB 2719: RELATING TO TAXATION.

Establishes the Carbon Emissions Tax and Dividend Special Fund. Gradually increases the Environmental Response, Energy, Carbon Emissions, and Food Security Tax and establishes a refundable income tax credit to mitigate the effect of the increased tax on taxpayers. Requires reports to the Legislature. Appropriates funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes carbon tax with refundable credit to offset taxpayer burden, providing relief for middle/lower income while appropriating funds for environmental programs.90% confidence ✓ EnergySupports EnergyImposes carbon emissions tax to reduce greenhouse gases, directly supporting renewable energy transition and cleaner infrastructure through revenue-neutral dividend mechanism.95% confidence ✓ EnvironmentSupports EnvironmentImposes carbon emissions tax to reduce greenhouse gases, with dividend to offset taxpayer impact, directly advancing environmental protection through market-based emissions reduction.90% confidence

Sub-Topics Business Taxes Income Tax Tax Credits Climate Change

Track

passed · Hawaii · Senate Feb 11, 2026

SB 768: RELATING TO TAXATION.

Creates an alternative water source income tax credit for taxpayers who install, place in service, or repair a water catchment system or who purchase water delivery services. Applicable to taxable years beginning after 12/31/2026. Effective 12/31/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing taxable income for water conservation investments, aligning with tax relief support indicators for middle-income incentives.95% confidence

Sub-Topics Income Tax Tax Credits

Track

passed · Hawaii · House Mar 12, 2026

HB 2306: RELATING TO INCOME TAX.

Repeals future adjustments to income tax brackets. For taxable years beginning after 12/31/2026, increases the income tax rates for the three highest income tax brackets by one percentage point each. Increases a taxpayer's applicable percentage of employment-related expenses that is used to calculate the household and dependent care services tax credit. Establishes certain disallowance periods following a final decision that a claim for the credit was due to fraud and that the claim was disallowed. Extends the sunset for amendments made by Act 163, SLH 2023, to the Household and Dependent Care Services Tax Credit, Earned Income Tax Credit, and Food/Excise Tax Credit. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands child and dependent care tax credit percentage, providing tax relief for families. Repeals future bracket adjustments but primary action supports tax relief.85% confidence

Sub-Topics Income Tax Sales Tax Tax Credits

Track

in committee · Hawaii · House Dec 8, 2025

HB 1011: RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

Increases the cap for awards to assist businesses applying for the Small Business Innovation Research Grant Program and the Small Business Technology Transfer Grant Program of the Hawaii Technology Development Corporation. Adds purchasing of renewable energy systems as an eligible expense and clarifies that training on both new and existing manufacturing equipment is an eligible expense for the Manufacturing Development Grant Program. Clarifies that no tax credit is available for renewable energy systems purchased with a grant received under the Manufacturing Development Grant Program.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases grant funding caps for business programs, allocating state funds to support innovation and manufacturing development without tax credit provisions.92% confidence ✓ EnergySupports EnergyAdds renewable energy systems as eligible expense for manufacturing grants, directly promoting renewable energy investment through funding mechanisms.95% confidence ✓ TechnologySupports TechnologyIncreases grant caps and expands eligible expenses for tech business programs, directly advancing technology development through funding and program enhancements.95% confidence

Sub-Topics Procurement Tax Credits Renewable Energy

Track

passed · Hawaii · House Dec 8, 2025

HB 753: RELATING TO THE HOUSEHOLD AND DEPENDENT CARE SERVICES TAX CREDIT.

Increases a taxpayer's applicable percentage of employment-related expenses that is used to calculate the household and dependent care services tax credit. Extends the sunset date of the temporary increase in maximum employment-related expenses that are used to calculate the household and dependent care services tax credit, established by Act 163, SLH 2023, to 6/30/2030. Effective 7/1/3000. Sunsets 6/30/3005. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands household care tax credit, increasing tax relief for middle/lower income families by raising applicable percentage and extending credit duration.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentIncreases tax credit for dependent care expenses, reducing financial barriers for workers needing childcare and supporting workforce participation through employment-related benefits.85% confidence

Sub-Topics Tax Credits

Track

passed both · Hawaii · Senate Apr 2, 2026

SB 944: RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends low-income housing tax credit program, enabling continued tax incentives for affordable housing development and funding through tax credits.90% confidence ✓ HousingSupports HousingExtends LIHTC program until 2032, ensuring continued tax credit funding for affordable housing development by clarifying allocation rules for developers.92% confidence

Sub-Topics Tax Credits Affordable Housing Housing Finance

Track

signed · Hawaii · Senate May 21, 2026

SB 3125: RELATING TO INCOME TAX.

PART I: Repeals certain future adjustments to income tax brackets. Changes income tax rates. Amends the Renewable Energy Technologies Income Tax Credit by adding an aggregate cap amount, setting income thresholds, adding a certification requirement, and adding a sunset date. Adds sunset dates to the Capital Goods Excise Tax Credit and Renewable Fuels Production Tax Credit. PART II: Beginning 1/1/2028, repeals the Technology Infrastructure Renovation Tax Credit. Beginning 1/1/2029, repeals the High Technology Business Investment Tax Credit and Tax Credit for Research Activities. (CD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals future tax bracket adjustments and expands child care tax credit, providing relief to middle-income families.85% confidence ✓ EnergySupports EnergyBill includes Renewable Energy Technologies Income Tax Credit and Renewable Fuels Production Tax Credit, directly supporting energy production and renewable energy development.85% confidence

Sub-Topics Income Tax Sales Tax Tax Credits Renewable Energy

in committee · Hawaii · House Dec 8, 2025

HB 1456: RELATING TO TAXATION.

Establishes a tax credit for individual and corporate taxpayers who install and place in service certain projects that support environmental sustainability.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax credit reducing tax liability for environmental projects, aligning with tax relief indicators under Budget & Taxes.95% confidence ✓ EnergySupports EnergyTax credit for environmental sustainability projects directly incentivizes renewable energy adoption and clean energy infrastructure investment, aligning with key support indicators.95% confidence ✓ EnvironmentSupports EnvironmentProvides tax credits for environmental sustainability projects, directly incentivizing eco-friendly initiatives per bill summary.95% confidence

Sub-Topics Tax Credits

Track