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HI HB432

Bill

Official Source

Status

Introduced

1/25/2021

Primary Sponsor

Aaron Johanson

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Extends the earned income tax credit program by amending Section 235-55.75, Hawaii Revised Statutes, to change the expiration date from December 31, 2022 to December 31, 2027.

  • The earned income tax credit continues to apply to taxable years beginning after December 31, 2017, with the extended sunset date allowing five additional years of the tax credit.

  • Takes effect on July 1, 2050.

Legislative Description

Relating To The Earned Income Tax Credit.

Earned Income Tax Credit

Last Action

Recommitted to FIN with Representative Ward voting aye with reservations; none voting no and Representative(s) Matsumoto, Mizuno excused.

3/11/2021

Committee Referrals

Finance1/27/2021

Full Bill Text

No bill text available