HI SB2834

Amends section 235-55.85 of Hawaii Revised Statutes to modify the refundable food/excise tax credit for taxpayers aged 65 and older.

Allows each taxpayer who is 65 years of age or older to claim double the tax credit for taxable years beginning after December 31, 2014.

Maintains existing requirement that a person for whom exemption is claimed must have physically resided in the State for more than nine months during the taxable year.

Continues prohibition on granting multiple exemptions based on deficiencies in vision, hearing, or other disabilities.

Effective upon approval and applies to taxable years beginning after December 31, 2014.