Official record
Measure details
- Jurisdiction
- Hawaii
- Session
- 2026
- Chamber
- upper
- Classification
- bill
- Subjects
- Capital Goods Excise Tax Credit, High Technology Business Investment Tax Credit, Income Tax, Income Tax Brackets, Income Tax Rates, Renewable Energy Technologies Income Tax Credit, Renewable Fuels Production Tax Credit, Repeal, Tax Credit for Research Activities, Technology Infrastructure Renovation Tax Credit
- Introduced / first action
- 2026-01-26 00:00:00
Source-supplied abstracts
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)
Sponsors
- KOUCHI (primary), primary