H.B. 1870 - Summary

• Establishes a nonrefundable income tax credit for taxpayers who hire a person totally disabled, calculated as a percentage of qualified wages for the first six months of employment.

• Limits the credit to a maximum dollar amount per taxpayer per taxable year, with unused credits carrying forward to subsequent years until exhausted.

• Requires certification from a qualified physician (Hawaii-licensed physician, qualified out-of-state physician, or U.S. military medical officer) before the employee begins work.

• Prohibits the credit for wages paid to family members, related parties, those with prior employment history at the same employer, and dependents of the employer.

• Takes effect July 1, 2030, and applies to taxable years beginning after December 31, 2017; claims must be filed within twelve months following the taxable year.