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HI HB2437
Bill
Status
Introduced
1/26/2022
Primary Sponsor
Sean Quinlan
Click for details
AI Summary
- Establishes a $10,000 annual income tax credit for eligible health care providers (qualified nurses and qualified physicians) who are licensed and actively practicing in Hawaii
- Defines "qualified nurse" as an advanced practice registered nurse, registered nurse, or licensed practical nurse licensed under chapter 457, and "qualified physician" as a physician or osteopathic physician licensed under chapter 453
- Requires the Department of Commerce and Consumer Affairs to maintain records, certify eligible providers, and issue certificates; credits are capped at an unspecified annual aggregate amount with certification on a first-come, first-served basis
- Allows unused credits to carry forward to subsequent years until exhausted; all claims must be filed within 12 months following the close of the taxable year
- Credit is effective for taxable years beginning after December 31, 2022, and expires December 31, 2025; Hawaii State Center for Nursing must report on the credit's impact by December 31, 2024
Legislative Description
Relating To Taxation.
Income Tax Credit
Last Action
Report adopted. referred to the committee(s) on FIN as amended in HD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
2/17/2022
Committee Referrals
Finance2/17/2022
Health, Human Services, & Homelessness2/9/2022
Economic Development1/28/2022
Full Bill Text
No bill text available