HI HB983

Expands tax credit eligibility under the Hawaii Strategic Development Corporation to include liabilities imposed by section 431:7-202 (insurance-related taxes) in addition to existing chapters 235 and 241.

Modifies the definition of "taxpayer" to include persons subject to section 431:7-202 tax liabilities, allowing them to use transferred tax credits.

Updates tax credit transfer provisions to reference section 431:7-202 alongside existing tax chapters in subsections (a), (c), (f), and (g) of section 211G-12.

Leaves blank the total aggregate amount of tax credits issuable and the annual transfer limit per fiscal year, indicating these amounts are to be determined separately.

Effective date set for July 1, 2112.