Budget & Taxes (Tax Credits)

passed · Hawaii · Senate Dec 8, 2025

SB 250: RELATING TO TAXATION.

Creates an income tax credit for qualified transportation costs incurred by certain taxpayers who ship agricultural products and inputs between counties. Applies to taxable years beginning after 12/31/2025. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax credit for agricultural transportation costs, reducing tax liability for qualifying businesses under Department of Taxation.95% confidence

Sub-Topics Income Tax Tax Credits

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passed · Hawaii · Senate Feb 20, 2026

SB 2887: RELATING TO AGRICULTURE.

For taxable years beginning after 1/1/2027, establishes a nonrefundable income tax credit for certain agricultural investment costs incurred for agricultural activities conducted on Hawaiian home lands. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit eligibility for agricultural costs including Hawaiian home lands and orchard planting, providing tax relief to qualifying entities under Budget & Taxes framework.95% confidence

Sub-Topics Income Tax Tax Credits

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passed · Hawaii · House Dec 8, 2025

HB 976: RELATING TO RENEWABLE FUEL.

Amends the renewable fuels production tax credit by: increasing the tax credit rate; specifying that the credit may be claimed for fuels that meet certain lifecycle greenhouse gas emissions and product transportation emissions thresholds; adding credit values for low lifecycle emissions renewable fuels and sustainable aviation fuels produced; allowing a taxpayer who previously claimed a credit to claim another credit for taxable years beginning after 12/31/2024; amending the credit period to be for a maximum period of ten consecutive years beginning from the effective date of this Act; and amending the required information in the certified statement. Effective 7/1/3000. (HD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit rate and expands eligibility for renewable fuels producers, providing tax relief under renewable energy incentives.95% confidence ✓ EnergySupports EnergyIncreases renewable fuels tax credit rates, adds credits for low-emission fuels/sustainable aviation fuels, and extends credit eligibility - directly advancing renewable energy adoption and emissions standards.95% confidence ✓ EnvironmentSupports EnvironmentExpands tax credits for low-emission renewable fuels and sustainable aviation fuels with specific lifecycle GHG thresholds, directly promoting clean energy adoption and emissions reduction.95% confidence ✓ TransportationSupports TransportationBill provides tax credits for low-emission renewable fuels and sustainable aviation fuels, promoting cleaner transportation via lifecycle emissions thresholds in fuel production.75% confidence

Sub-Topics Tax Credits Renewable Energy Climate Change Airports

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in committee · Hawaii · House Dec 8, 2025

HB 1265: RELATING TO TAX CREDITS.

HB 1265 creates a tax credit for businesses that use recycled or waste materials as inputs in their operations. It directly affects businesses generating or utilizing such materials, allowing them to reduce their state tax liability. The credit applies to taxable years beginning after December 31, 2025, meaning it would take effect in 2026. This bill establishes a specific mechanism for claiming the credit but does not specify the credit amount or detailed eligibility criteria in the provided abstract. The bill is currently pending in committee review for the 2026 legislative session.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for businesses using recycled materials, reducing state tax liability. This tax relief directly supports fiscal policy incentives for sustainable business operations.95% confidence ✓ EnvironmentSupports EnvironmentTax credit incentivizes recycled material use, reducing waste and conserving resources - direct environmental benefit aligned with conservation and pollution control indicators.95% confidence

Sub-Topics Business Taxes Tax Credits Recycling

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in committee · Hawaii · House Dec 8, 2025

HB 182: RELATING TO THE EARNED INCOME TAX CREDIT.

Permanently increases the state earned income tax credit to fifty per cent of the federal earned income tax credit. Applies to taxable years beginning after 12/31/2024.

Topics ✓ Budget & TaxesSupports Budget & TaxesPermanently increases state EITC to 50% of federal credit, providing tax relief to lower-income earners per bill's explicit language.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentPermanently increases state EITC to 50% of federal credit, directly expanding financial support for low-income workers and advancing income security.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Hawaii · House Dec 8, 2025

HB 574: RELATING TO TAXATION.

HB 574 would create a $3,000 income tax credit for retired Hawaii National Guard service members, directly reducing their state tax liability. The bill provides this credit as a specific policy change to support veterans who served in the state's National Guard. It does not alter tax rates or create new obligations but offers a concrete financial benefit to eligible retired members. The legislation is currently pending in the 2026 session after being carried over from 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $3,000 income tax credit for retired National Guard members, directly reducing tax liability - aligns with tax relief support indicator.95% confidence ✓ VeteransSupports VeteransCreates $3,000 tax credit for retired Hawaii National Guard veterans, directly expanding financial benefits for eligible veterans.95% confidence

Sub-Topics Income Tax Tax Credits National Guard & Reserve

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passed · Hawaii · Senate Feb 20, 2026

SB 3046: RELATING TO INCOME TAX CREDIT.

Establishes a nonrefundable Workforce Builder Tax Credit for employers who employ qualified interns and apprentices, to be applied to taxable years beginning after 12/31/2026. Requires a report to the Legislature. Appropriates funds. Effective 1/1/2077. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates nonrefundable tax credit for employers, appropriates state funds for workforce development, directly advancing fiscal policy through targeted tax incentive and funding allocation.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · Hawaii · Senate Jan 26, 2026

SB 2326: RELATING TO INCOME TAX.

Establishes a Solar Canopy Installation Tax Credit that applies to taxable years beginning after 12/31/2026. Requires the Director of Taxation to take certain actions to implement the tax credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a tax credit for solar installations, providing tax relief under income tax policy95% confidence ✓ EnergySupports EnergyProvides tax credit for solar canopy installations, directly promoting renewable energy adoption and clean infrastructure investment per bill subjects and summary.95% confidence ✓ EnvironmentSupports EnvironmentBill creates solar tax credit to incentivize renewable energy adoption, directly advancing clean energy goals and reducing carbon footprint per renewable energy subject focus.95% confidence

Sub-Topics Income Tax Tax Credits Solar

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passed both · Hawaii · House Apr 2, 2026

HB 701: RELATING TO TAXATION.

Establishes a family caregiver tax credit for nonpaid family caregivers. Requires the Department of Taxation to submit annual reports to the Legislature. Appropriates moneys to the Executive Office on Aging. The tax credit applies to taxable years beginning after 12/31/2026. Effective 12/31/2050. (SD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax credit for caregivers and appropriates funds to Executive Office on Aging - provides tax relief and funds public service program.95% confidence

Sub-Topics Tax Credits

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passed both · Hawaii · House Mar 30, 2026

HB 916: RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Allows tax credits claimed under the State Low-Income Housing Tax Credit Program to be used to offset taxes imposed by the state transient accommodations tax law. Specifies that tax credit amounts applied to state transient accommodations taxes be limited to state transient accommodations taxes imposed in the same county in which the qualified low-income building is located. Makes permanent Act 129, SLH 2016. Applies to taxable years beginning after 12/31/2027. Effective 7/1/3000. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows tax credits to offset transient accommodations tax, providing relief for low-income housing programs through fiscal policy95% confidence ✓ HousingSupports HousingBill expands low-income housing tax credit usability, enabling credits to offset county-specific transient tax, directly funding affordable housing development per its title and summary.95% confidence

Sub-Topics Tax Credits Affordable Housing Historic Preservation Housing Finance

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