Bill > SCR33

This concurrent resolution requests the Tax Review Commission, which is scheduled to convene in 2025 to review Hawaii's tax structure, to identify potential implementation methods for the Hawaii Long-Term Care Financing Program (LTC Financing Program), a universal long-term care initiative originally established by Act 245 in 2002. Specifically, the resolution asks the Commission to explore financing mechanisms, including potentially reviving a previously vetoed Long-Term Care Income Tax Credit proposed in 2003, and to consider recommendations from a 1991 report on long-term care financing. The Tax Review Commission is requested to submit a detailed report to the Legislature at least twenty days before the 2026 Regular Session, which should outline possible implementation strategies, financing approaches, and associated costs for the LTC Financing Program. The resolution also 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, to ensure broad awareness and potential action on long-term care financing options.

Budget and Finance, Health and Social Services

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SCR&billnumber=33&year=2025