HB 1695 expands an existing tax credit for renewable fuel producers, allowing them to claim additional credits for fuels produced after December 31, 2025. This bill directly affects businesses manufacturing renewable fuels like ethanol or biodiesel by increasing their potential tax savings. The key provision extends the credit to taxable years beginning after 2025, with an effective date listed as July 1, 3000 (likely a typo for 2030). The bill is currently pending before the TRN committee, having been deferred for further review in February 2026, and has not yet become law.
Establishes the State-led Marketing and Branding Special Fund and requires that a portion of all transient accommodations tax revenues that would otherwise be deposited into the general fund be deposited into the special fund, to be used for state-led marketing, branding, and tourism management. Requires the Department of Business, Economic Development, and Tourism to develop and submit an annual comprehensive marketing, branding, and tourism management plan to the Legislature for approval. Effective 7/1/3050. (SD1)
Requires the Department of Transportation to establish a clean vehicle rebate program to provide rebates for the purchase or lease of new and used zero-emission vehicles and plug-in hybrid electric vehicles. Establishes the clean vehicle special fund. Beginning 1/1/2027, establishes a transportation affordability and energy security tax. Effective 7/1/3000. (HD2)
Establishes and appropriates funds into and out of the Hawaii Employer-Led Sector Partnerships Special Fund. Requires the Department of Business, Economic Development, and Tourism to coordinate its sector partnership activities with the Workforce Development Council. Effective 7/1/3050. (SD1)
Provides a general excise tax exemption for the sale of material, parts, or tools used for aircraft service and maintenance or for the construction of an aircraft service and maintenance facility. Effective 7/1/3000. (HD1)
Imposes the manufacturing general excise tax rate on motion picture, digital media, and film productions and repeals the provision in the definition of "qualified production costs" that applied the term to mean costs incurred that are subject to the highest general excise tax rate. Exempts from the general excise tax certain amounts received by a motion picture project employer from a client company equal to amounts that are disbursed by the motion picture project employer for employee wages, salaries, payroll taxes, insurance premiums, and employment benefits and payments to loan-out companies. Requires persons making payment to a loan-out company and claiming the Motion Picture, Digital Media, and Film Production Income Tax Credit to deduct and withhold an amount exceeding the amount actually due for all payments made to the loan-out company for services performed in the State. Applies to taxable years beginning after 12/31/2026. Effective 7/1/3050. (SD1)
Establishes the Regional Agricultural Feasibility and Food Systems Production Studies Working Group within the Department of Agriculture and Biosecurity to provide coordinated, region‑specific agricultural production and crop feasibility analysis across the State. Requires reports to the Legislature. Appropriates funds. Repeals 6/30/2028. Effective 7/1/2050. (SD1)
Requires the Department of Agriculture and Biosecurity to conduct a study on insurance coverage for small agricultural producers. Requires a report to the Legislature. Appropriates funds. Effective 7/1/2050. (SD1)
Provides an emergency appropriation to the Department of Human Services to replace general fund appropriations redirected to provide emergency food assistance during the 2025 federal government shutdown. Appropriates funds to the Department of Human Services to help Hawaii residents obtain insurance available through the federal marketplace. Effective 7/1/3000. (HD1)
Statutorily establishes the Agricultural Statistics Program within the Department of Agriculture and Biosecurity to collect data on local agricultural interests. Appropriates funds. Effective 7/1/2050. (SD1)