HI HB813

Exempts unemployment compensation from Hawaii state income taxation for taxable years beginning after December 31, 2010 through December 31, 2014.

Excludes the exemption for individual taxpayers earning more than $28,800 in gross income from sources other than unemployment compensation.

Excludes the exemption for taxpayers with spouses earning more than $48,000 in gross income from sources other than unemployment compensation.

Requires unemployment compensation claimants to be advised that benefits may be subject to state or local income tax and informed of withholding options.

Defines "unemployment compensation" using the same definition as Section 85 of the Internal Revenue Code.