HI HB2070

Requires each county in Hawaii to develop procedures for accepting private donations of land damaged or likely to be damaged by natural disasters or climate change.

Allows individual taxpayers a charitable income tax deduction equal to the appraised value of land at the time of donation to a county, if the land has sustained or is likely to sustain damage due to natural disaster or climate change.

Directs the Director of Taxation to prepare necessary tax forms, require proof of claims for the deduction, and adopt rules under chapter 91 to administer the deduction.

Applies to taxable years beginning after December 31, 2020.