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HI HB1177

Bill

Official Source

Status

Introduced

1/27/2021

Primary Sponsor

Chris Todd

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Increases the household and dependent care services tax credit from $2,400 to $4,800 for taxpayers with one qualifying individual.

  • Increases the tax credit from $4,800 to $9,600 for taxpayers with two or more qualifying individuals.

  • Amends section 235-55.6(c) of the Hawaii Revised Statutes to reflect the doubled credit limits.

  • Applies to taxable years beginning after December 31, 2020.

Legislative Description

Relating To Tax Credits.

Income Tax

Last Action

Referred to ECD, FIN, referral sheet 3

2/1/2021

Committee Referrals

Economic Development2/1/2021

Full Bill Text

No bill text available