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HI SB3046

Bill

Official Source

Status

Introduced

1/28/2026

Primary Sponsor

Dru Kanuha

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Establishes a nonrefundable "Workforce Builder Tax Credit" providing $1,000 per qualified intern and $2,000 per qualified apprentice for private-sector employers in Hawaii
  • Caps the total tax credit program at $5,000,000 aggregate across all taxable years combined
  • Requires interns to be in paid placements for at least three months and connected to educational institutions, workforce training programs, or credential pathways certified by the Department of Labor and Industrial Relations
  • Excess credits may be carried forward to subsequent tax years until exhausted, with claims due within 12 months of the taxable year's close
  • Mandates a report to the legislature by 2029 on program participation, fiscal impact, and recommendations for continuation or modification

Legislative Description

Relating To Income Tax Credit.

Appropriation ($)

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

2/20/2026

Committee Referrals

Ways and Means2/20/2026
Labor and Technology1/30/2026

Full Bill Text

No bill text available