Budget & Taxes (Tax Credits)

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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passed both · Hawaii · House May 27, 2026

HB 2438: RELATING TO THE HAWAII CULTURAL TRUST.

HB 2438 establishes the Hawaii Cultural Trust within the Department of Business, Economic Development, and Tourism to support cultural preservation. It creates an income tax credit for individuals and businesses donating to the Trust or qualified Hawaii cultural organizations, subject to specific conditions. The bill also introduces a special vehicle license plate with proceeds funding the Trust, effective for taxable years beginning after December 31, 2025. These provisions directly affect donors and cultural organizations by providing new tax incentives and dedicated funding streams.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax credit for donations to cultural trust, providing tax relief to fund preservation programs.90% confidence

Sub-Topics Income Tax Tax Credits

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passed · Hawaii · Senate Feb 20, 2026

SB 2884: RELATING TO TAXATION.

Establishes a nonrefundable individual income tax credit for a certain percentage of expenses paid to retrofit a residence with wind resistive devices or to purchase, install, or construct, a hurricane shelter on the taxpayer's property. Reduces the general excise tax rate on the gross proceeds or income from the sale of a concrete high-rise certified hurricane-resistant residential project or certain hurricane-resistant components of the project. Applies to taxable years beginning after 12/31/2026. Sunsets 12/31/2030. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit and rate reduction for hurricane-resistant home improvements, offering tax relief while incentivizing safety measures within state tax policy.90% confidence

Sub-Topics Business Taxes Sales Tax Tax Credits

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passed · Hawaii · House Mar 10, 2026

HB 2037: RELATING TO TAXATION.

Increases the aggregate cap on credits allowed in any given year for the Motion Picture, Digital Media, and Film Production Income Tax Credit from $50,000,000 to $60,000,000. Extends the sunset of the tax credit to 1/1/2038. Applies to taxable years beginning after 12/31/2026. Repeals 1/1/2038. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit cap for film industry, expanding fiscal incentives to stimulate economic activity within the tax policy framework.95% confidence ✓ TechnologySupports TechnologyIncreases tax credits for digital media production, directly funding a technology sector within the bill's subjects.85% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Hawaii · House Feb 2, 2026

HB 2526: RELATING TO TAXATION.

Establishes a nonrefundable individual income tax credit for a certain percentage of expenses paid to retrofit a residence with wind resistive devices or to purchase, install, or construct, a hurricane shelter on the taxpayer's property. Reduces the general excise tax rate on the gross proceeds or income from the sale of a concrete certified hurricane-resistant residential project or certain hurricane-resistant components of a high-rise condominium. Applies to taxable years beginning after 12/31/2026. Sunsets 12/31/2030.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credits and rate reductions for hurricane-resistant home improvements, offering direct tax relief under taxation policies.95% confidence

Sub-Topics Business Taxes Sales Tax Tax Credits

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passed both · Hawaii · House Mar 20, 2026

HB 303: RELATING TO HEALTHCARE PRECEPTORS.

Expands the definitions of "preceptor" and "volunteer-based supervised clinical training rotation" 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 dietitians, physician assistants, 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 12/31/2025. Effective 12/31/2050. (SD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands income tax credits for healthcare preceptors by broadening eligibility to more professions and removing restrictions, directly providing tax relief.95% confidence ✓ HealthcareSupports HealthcareExpands preceptor eligibility to dietitians, PAs, and social workers with tax credits, increasing healthcare workforce training access and removing primary care restrictions.95% confidence

Sub-Topics Income Tax Tax Credits Primary Care

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in committee · Hawaii · Senate Feb 10, 2026

SB 3312: RELATING TO HOUSING.

SB 3312 creates a state income tax credit program to encourage commercial property owners to convert vacant or underused buildings (like stores or offices) into residential housing. The bill directly affects property owners who complete such conversions, offering them a tax credit to offset costs. Key provisions include appropriating state funds to cover the credit value and establishing eligibility criteria for qualifying properties. This policy aims to increase housing supply by making commercial-to-residential conversions financially attractive, without specifying target locations or housing types.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit (taxation) and appropriates state funds (budget), directly using both tools to fund housing conversion program.95% confidence ✓ HousingSupports HousingBill creates tax credits for converting commercial buildings to residential housing, directly increasing housing supply through financial incentives to property owners.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Affordable Housing Historic Preservation Housing Finance

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