Budget & Taxes (Income Tax)

in committee · Hawaii · House Dec 8, 2025

HB 354: RELATING TO EMERGENCY MANAGEMENT.

Appropriates funds for the Office of the Governor, in collaboration with the Insurance Division of the Department of Commerce and Consumer Affairs, to: (1) plan and administer income tax credits relating to emergency management or disaster preparedness and grants for low-income taxpayers to fortify their residential real property; (2) oversee the development of emergency shelters; and (3) hire necessary personnel.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides income tax credits for low-income taxpayers and appropriates funds for disaster preparedness programs, aligning with tax relief and fiscal responsibility indicators.95% confidence

Sub-Topics Income Tax Tags Emergency Management

Track

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

in committee · Hawaii · House Jan 30, 2026

HB 2150: RELATING TO TAXATION.

HB 2150 removes a specific tax deduction for real estate investment trusts (REITs). It disallows REITs from deducting dividends they pay to shareholders when calculating their taxable income. This change directly affects REITs by increasing their taxable income and potentially raising their tax burden. The bill creates a concrete policy shift in how REITs are taxed under state law.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill closes a tax loophole for REITs by removing dividend deduction, increasing state tax revenue and aligning with fiscal responsibility indicators.95% confidence ✗ HousingOpposes HousingIncreases REIT tax burden, likely raising rents and reducing housing affordability, opposing affordable housing goals.85% confidence

Sub-Topics Business Taxes Income Tax Property Taxes

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

passed both · Hawaii · Senate May 1, 2026

SB 3028: RELATING TO PROPERTY CONVEYANCE.

Restructures the conveyance tax to a marginal rate system for the sale of properties with residential use, adjusts the tax for multifamily properties to reflect value on a per-unit basis, and applies a cost-of-living adjustment to conveyance tax rates. Establishes the Transit-Oriented Development Infrastructure Subaccount within the Dwelling Unit Revolving Fund. Allocates a portion of conveyance tax collections to the Transit-Oriented Development Infrastructure Subaccount and Hawaiian Home Lands Infrastructure and Housing Special Fund. Establishes and appropriates funds out of the Hawaiian Home Lands Infrastructure and Housing Special Fund. Effective 7/1/3000. (HD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesRestructures conveyance tax and allocates collections to Land Conservation, Rental Housing, and infrastructure funds, directly funding public programs.95% confidence ✓ EnvironmentSupports EnvironmentAllocates conveyance tax to Land Conservation Fund and Special Land Fund for trails/access, directly funding environmental conservation efforts.90% confidence ✓ HousingSupports HousingAdds Dwelling Unit Revolving Fund for transit-oriented development infrastructure and adjusts tax allocations to Rental Housing Revolving Fund, directly funding housing programs.95% confidence ✓ TransportationSupports TransportationFunds transit-oriented development infrastructure and trail access programs via Special Land Fund and Dwelling Unit Revolving Fund, directly advancing transportation infrastructure funding.90% confidence

Sub-Topics Income Tax Conservation Property Development Property Taxes Transportation Funding

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 1143: RELATING TO A STATE HISTORIC PRESERVATION INCOME TAX CREDIT.

Reestablishes the Historic Preservation Income Tax Credit. Establishes a cap of the tax credit for each taxable year from 2025 to 2030. Sunsets 12/31/2030. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a tax credit for historic preservation, providing tax relief and aligning with tax policy support for incentivized projects.95% confidence

Sub-Topics Income Tax Tax Credits

Track