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HI SB302
Bill
AI Summary
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Reinstates the technology infrastructure renovation tax credit for taxable years beginning after December 31, 2022, but before January 1, 2026.
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Expands the definition of "technology-enabled infrastructure" to include data servers, defined as computer systems used to hold large amounts of electronic data and provide database management and access services on a computer network.
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Maintains the original tax credit availability for taxable years beginning after December 31, 2000, but before January 1, 2011.
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Takes effect January 1, 2050, and applies to taxable years beginning after December 31, 2022.
Legislative Description
Relating To Taxation.
Report
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Kitagawa excused (1).
3/22/2023