Establishes an entrepreneurship grant program within the Department of Business, Economic Development, and Tourism to assist entrepreneurs with new businesses.
Amends the income tax credit for expenses for household and dependent care services necessary for gainful employment by increasing the taxpayer's applicable percentage of employment-related expenses and dollar limit on amounts creditable that constitute the tax credit. Requires the department of taxation to make annual adjustments for inflation to the adjusted gross income thresholds and dollar limits on amounts creditable. Applies to taxable years beginning after 12/31/22.
Repeals Act 86, SLH 2021, which authorized the issuance of special purpose revenue bonds to assist Luana Kai A Life Plan Community in the development of a continuing care retirement community in Hawaiʻi Kai. Effective 7/30/3000. (HD1)
Establishes an income tax credit for employers who create on-site early childhood facilities. Establishes and appropriates funds for 1.0 FTE on-site early childhood facility coordinator position. Applies to taxable years beginning after 12/31/2023. Takes effect on 7/1/2024.
Establishes an income tax credit for the cost of upgrading or converting a qualified cesspool to a director of health-approved wastewater system or connecting to a sewerage system. Requires certain information regarding cesspools on real property to be included in seller mandatory disclosures on real property transactions. Effective 6/30/3000. (HD1)
Prohibits the downloading or use of social media application TikTok on government-issued devices capable of internet connectivity, or on government internet networks.
Appropriates moneys to the State of Hawaiʻi Museum of Monarchy History (Iolani Palace) for operating and maintenance expenses.
Appropriates funds to increase medicaid payments to eligible health care providers in the State up to one hundred per cent of the current medicare rates. Effective 6/30/3000. (HD1)
Allows greater flexibility in conditions placed on eligibility requirements for the motion picture, digital media, and film production income tax credit. Amends the amount of the total tax credit that may be claimed per qualified production. Amends the annual aggregate cap placed on the amount of the tax credits that may be claimed by qualified productions.
Requires the Office of Hawaiian Affairs to establish and maintain Hawaiian cultural centers within the State. Requires the Office to submit reports to the Legislature regarding the Office's compliance with this Act. Appropriate moneys for the planning and design of the first Hawaiian cultural center.
