HI HB791

Establishes a nonrefundable state income tax credit for eligible educators (pre-K through grade 12 teachers, instructors, counselors, principals, or aides) working at least 900 hours per school year.

Credit amount equals qualifying expenses paid or incurred, capped at $750 per taxable year.

Qualifying expenses include books, supplies, computer equipment with software and services, supplementary classroom materials, professional-development courses, and personal protective equipment purchased between March 21, 2020 and June 30, 2021.

Excess credits over tax liability may be carried forward to subsequent taxable years until exhausted; educator must obtain written verification from their school and file certificate with tax return.

Effective July 1, 2050 and applies to taxable years beginning after December 31, 2021.