Bill > SB1013

This bill modifies the Hawaii Earned Income Tax Credit (EITC) by allowing qualifying individual taxpayers to claim an additional ten percent of the federal earned income tax credit if they have a dependent under the age of eighteen. Currently, qualifying taxpayers can claim forty percent of the federal EITC, and this bill would increase that to fifty percent for those with young dependents. The federal Earned Income Tax Credit is a refundable tax credit designed to provide financial support to low to moderate-income working individuals and families. The bill specifies that for married couples filing separate tax returns, they can only claim the credit amount they would have been eligible for if filing jointly. The changes will apply to taxable years beginning after December 31, 2024, meaning the first tax year this will take effect is 2025.

Budget and Finance

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1013&year=2026