summary
Introduced
01/21/2026
01/21/2026
In Committee
01/26/2026
01/26/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
For taxable years beginning 1/1/2026, establishes a tiered nonrefundable tax credit for qualified taxpayer insurers that offer one or more federally qualified health savings accounteligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written in rural medically underserved areas of the State. Requires qualified taxpayer insurers to match up to a certain amount of a policyholder's first-time contribution into a health savings account. Sunsets 12/31/2030.
AI Summary
This bill establishes a tiered, nonrefundable tax credit for qualified insurance companies that offer health savings account-eligible high-deductible health plans, which are plans with lower premiums and higher deductibles that can be paired with a health savings account (HSA) for tax-advantaged medical savings. The credit, which begins for taxable years starting January 1, 2026, will be higher for plans offered in rural and medically underserved areas, defined as areas or populations with a shortage of primary care services facing access barriers. Additionally, qualified insurers will be required to match a portion of a policyholder's initial contribution to their HSA. This initiative aims to increase affordable health coverage options, particularly in underserved communities, and will be in effect until December 31, 2030.
Committee Categories
Health and Social Services
Sponsors (11)
Terez Amato (D)*,
Greggor Ilagan (D)*,
Kirstin Kahaloa (D)*,
Susan Keohokapu-Lee Loy (D)*,
Darius Kila (D)*,
Matthias Kusch (D)*,
Nicole Lowen (D)*,
Tyson Miyake (D)*,
Dee Morikawa (D)*,
Gregg Takayama (D)*,
Adrian Tam (D)*,
Last Action
The committee(s) on HLT recommend(s) that the measure be deferred. (on 02/04/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1547&year=2026 |
| HB1547_TESTIMONY_HLT-HSH_02-04-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB1547_TESTIMONY_HLT-HSH_02-04-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB1547_.HTM |
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