Loading chat...

HI HB2231

Bill

Status

Introduced

1/24/2018

Primary Sponsor

Gregg Takayama

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Establishes a nonrefundable income tax credit for individual taxpayers who purchase or modify personal vehicles for use by persons with disabilities.

  • Provides credit of a percentage of costs for vehicles with accessibility lifts or ramps, up to a maximum of $800 per vehicle.

  • Provides credit of a percentage of costs for fully adaptable vehicles for persons with disabilities, up to a maximum of $5,000 per vehicle.

  • Allows unused credits to carry forward to subsequent tax years until exhausted.

  • Applies to taxable years beginning after December 31, 2018, with claims for the credit due within 12 months following the taxable year.

Legislative Description

Relating To Income Tax Credit.

Income Tax Credit

Last Action

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) DeCoite, Ing, Nakamura, Onishi, Woodson excused (5).

2/16/2018

Committee Referrals

Finance2/16/2018
Health & Human Services1/26/2018

Full Bill Text

No bill text available