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Bill > HB1769


HI HB1769

HI HB1769
Relating To Taxation.


summary

Introduced
01/19/2024
In Committee
03/07/2024
Crossed Over
03/05/2024
Passed
Dead
05/03/2024

Introduced Session

2024 Regular Session

Bill Summary

Establishes a refundable Family Caregiver Tax Credit for nonpaid family caregivers. Requires the Department of Taxation to report to the Legislature before the convening of each Regular Session. Effective 7/1/3000. (HD2)

AI Summary

This bill establishes a refundable Family Caregiver Tax Credit for nonpaid family caregivers in Hawaii. The credit can be claimed by eligible taxpayers who provide care to a care recipient and have incurred uncompensated expenses related to that care. The credit amount is up to a maximum of an unspecified dollar amount per taxable year. The bill also requires the Department of Taxation to report to the legislature on the number of eligible taxpayers claiming the credit and the total cost to the state. The bill takes effect on July 1, 3000 and applies to taxable years beginning after December 31, 2023.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (27)

Last Action

The committee on HHS deferred the measure. (on 03/18/2024)

Bill Topics

Health
  • ‐ Long-term Care and Elderly Issues
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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