HI HB697

Amends Hawaii's income tax law to exclude a specified amount of unemployment compensation benefits and pandemic unemployment assistance received after April 1, 2020 from state income tax.

Applies the exclusion to income received under chapter 383 (unemployment compensation) or pandemic unemployment assistance provided through acts of Congress or state law.

The exclusion amount is left blank in the bill text, requiring legislative determination of the specific dollar limit.

Takes effect retroactively for taxable years beginning after December 31, 2019, covering the period when pandemic-related unemployment benefits were distributed.