Bill > HB513

This bill establishes a telework tax credit for small business employers in Hawaii who allow at least 30% of their employees to telework (work remotely) for at least two-thirds of their expected work time. The credit amount is set at $ per qualifying employee, up to a maximum of $ . The credit can be claimed against the employer's net income tax liability and any excess credit can be carried forward to subsequent years. The bill also provides definitions for key terms such as "qualified taxpayer" (small business employer), "qualifying employee" (employee allowed to telework), and "telework" (remote work using telecommunication devices). The bill aims to encourage telework in order to benefit Hawaii's job market, expand internet/broadband in rural areas, reduce traffic and emissions, and improve employee job satisfaction.