Budget & Taxes (Income Tax)

in committee · Hawaii · House Dec 8, 2025

HB 1213: RELATING TO TAXATION.

Imposes a conveyance tax rate of 300% on sales of residential real property to persons who have not filed a Hawaii state income tax return within the preceding 4-year period.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes 300% conveyance tax on non-filers, increasing tax revenue and closing a loophole to strengthen state fiscal management.95% confidence

Sub-Topics Income Tax

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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 · Senate Dec 8, 2025

SB 1649: RELATING TO INCOME TAX.

Increases the income tax rate on the highest income earners in the State by establishing a new tax bracket for taxable years beginning after 12/31/2029.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax rate for highest earners, aligning with fiscal responsibility and revenue generation for state budget through new tax bracket.95% confidence

Sub-Topics Income Tax State Budget

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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 Dec 8, 2025

SB 696: 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 related to disaster preparedness, directly advancing tax relief and funding through state appropriations.95% confidence

Sub-Topics Income Tax Tags Emergency Management

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in committee · Hawaii · House Dec 8, 2025

HB 282: RELATING TO TAXATION.

HB 282 would allow tipped employees, such as restaurant servers and bartenders, to deduct the tips they receive from their taxable income. This reduces the portion of their earnings subject to income tax. The bill directly affects workers who rely on tips as part of their income. It provides a concrete tax change without altering other tax rates or brackets.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows tipped workers to deduct tips from taxable income, providing direct tax relief for lower-income earners in the taxation policy.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill directly increases net income for tipped workers by allowing tip deductions from taxable income, strengthening their financial position within labor/employment framework.95% confidence

Sub-Topics Income Tax Minimum Wage

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passed · Hawaii · House Feb 2, 2026

HB 1410: RELATING TO HOUSING.

Establishes the Supportive Housing Special Fund. Restructures the conveyance tax to a marginal rate system and adjusts the tax for multifamily properties to reflect value on a per-unit basis. Allocates revenues from conveyance tax collections to the Supportive Housing Special Fund. Allocates a portion of conveyance tax collections to the Dwelling Unit Revolving Fund to fund infrastructure programs in county-designated transit-oriented development areas that meet minimum standards of transit-supportive density. Effective 7/1/3000. (HD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates conveyance tax revenues to Supportive Housing Special Fund and infrastructure funds, directly funding housing and transit projects through tax revenue restructuring.95% confidence ✓ HousingSupports HousingEstablishes Supportive Housing Special Fund and allocates conveyance tax revenues to fund housing programs and transit-oriented development infrastructure.95% confidence ✓ TransportationSupports TransportationAllocates conveyance tax revenue to fund infrastructure in transit-oriented development areas, directly supporting transportation infrastructure projects.95% confidence

Sub-Topics Income Tax Affordable Housing Homelessness Housing Finance

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in committee · Hawaii · Senate Dec 8, 2025

SB 349: RELATING TO CAPITAL GAINS.

SB 349 would tax profits from selling assets (like stocks or property) at the same income tax rate applied to regular wages and salaries. This change would directly affect individuals and businesses that earn capital gains income, such as investors or sellers of real estate. The bill's key provision aligns capital gains taxation with ordinary income tax rates, rather than using a separate lower rate. The bill is currently pending in the 2026 Regular Session after being introduced in January 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAligns capital gains tax with ordinary income rates, closing a loophole that benefits high earners, promoting fiscal responsibility and fair taxation.90% confidence

Sub-Topics Business Taxes Income Tax State Budget

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in committee · Hawaii · House Dec 8, 2025

HB 1251: RELATING TO TAXATION.

HB 1251 would create a refundable income tax credit for property owners whose real estate insurance premiums increased. It directly helps these property owners by refunding the exact amount of their higher insurance costs through their tax returns. The credit applies to properties affected by rising insurance premiums, though the bill does not specify exact property types or thresholds. This policy change aims to offset financial burdens caused by insurance cost increases without requiring new tax payments.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief via refundable credit for property owners facing higher insurance costs, offsetting financial burden without increasing taxes.95% confidence

Sub-Topics Income Tax Property Tax Tax Credits

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in committee · Hawaii · House Dec 8, 2025

HB 326: RELATING TO THE HOUSEHOLD AND DEPENDENT CARE SERVICES TAX CREDIT.

Increases a taxpayer's applicable percentage of employment-related expenses that may be claimed for the household and dependent care services tax credit for five years. Repeals 6/30/2030.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit percentage for household care expenses, providing direct tax relief to eligible taxpayers.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentIncreases tax credit for dependent care, reducing financial barriers for workers to maintain employment through expanded employment-related expense benefits.85% confidence

Sub-Topics Income Tax Tax Credits

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