HI SB2170

Creates a tax credit equal to 5% of medical malpractice insurance premiums paid by physicians who provide on-call services to hospital emergency departments.

Applies to licensed physicians (chapter 453) who work a minimum of 576 on-call hours annually in state-approved hospital emergency rooms.

Credit is applied against the physician's net income tax liability, with excess credit amounts refunded if they exceed the tax liability (minimum refund of $1).

Physicians must not owe the state any delinquent taxes, penalties, or interest to qualify for the credit.

Tax credit claims must be filed within 12 months following the taxable year in which the credit is claimed, effective for taxable years beginning after December 31, 2011.