HI HB513

Establishes a telework tax credit for Hawaii employers allowing employees to work remotely, deductible from net income tax liability.

Defines "qualified taxpayer" as small businesses (fewer than 100 full-time or part-time employees in Hawaii) that allow at least 30% of their workforce to telework.

Provides tax credit per "qualifying employee" (those allowed to telework at least two-thirds of expected work time) with specific dollar amounts and maximum credit to be determined, with unused credits carried forward to subsequent years.

Requires tax credit claims to be filed within 12 months following the close of the taxable year, with failure to comply constituting waiver of the credit.

Applies to taxable years beginning after December 31, 2022.