Bill > SR19

This resolution requests the Tax Review Commission, which is scheduled to convene in 2025 to review Hawaii's tax structure, to explore potential methods for implementing the Hawaii Long-Term Care Financing Program (LTC Financing Program). Originally established by Act 245 in 2002, the LTC Financing Program aims to provide universal and affordable long-term care for all eligible state residents, with benefits intended to take precedence over private insurance and Medicaid. The resolution specifically asks the Tax Review Commission to consider a revised version of a previously proposed Long-Term Care Income Tax Credit from a 2003 bill and to review findings from a 1991 report on long-term care financing. The commission is requested to submit a detailed report to the Legislature prior to the 2026 Regular Session, including possible implementation strategies, financing mechanisms, and associated costs. Additionally, the resolution directs that copies of the resolution be sent to key state officials, including the Governor, Director of Budget and Finance, Director of Taxation, and the Chairperson of the Tax Review Commission.

Health and Social Services

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SR&billnumber=19&year=2025