HI HB701

Establishes a family caregiver tax credit for unpaid family caregivers who provide care to eligible care recipients in Hawaii.

Eligible taxpayers must have federal adjusted gross income of $75,000 or less (or $125,000 for joint filers) and must be relatives who have undertaken care, custody, or physical assistance of the care recipient.

Qualified expenses include home modifications, durable medical equipment, home care aides, respite care, adult day care, personal care attendants, transportation, and assistive technology directly related to providing care.

Care recipients must be U.S. citizens or lawfully admitted permanent residents with impairments in at least two activities of daily living, two instrumental activities of daily living, or substantive cognitive impairment, and cannot reside in long-term care facilities.

Appropriates $100,000 for infrastructure development and an unspecified amount for certification of tax credit claims to the Executive Office on Aging; requires Department of Taxation to submit annual reports to the Legislature; tax credit applies to taxable years beginning after December 31, 2026.