Bill > HB2079

This bill reestablishes an income tax credit for taxpayers who upgrade, convert, or connect their cesspools, which are substandard systems that discharge untreated sewage into the ground and pose a significant threat to Hawaii's water resources. The credit will cover 100% of qualified expenses, up to a maximum of $10,000 per cesspool, for costs associated with upgrading to an approved wastewater system or connecting to a sewerage system, defined as a network of pipes and infrastructure for sewage transport. Taxpayers who have received other grants for these improvements are ineligible, and the Department of Health will be responsible for certifying qualified expenses and the credit amount, while the Department of Taxation will manage the claim process. If the credit exceeds a taxpayer's tax liability, it can be carried forward to future years, and for taxpayers with adjusted gross incomes below a certain threshold (not specified in the provided text), any excess credit will be refunded or paid out. This credit applies to taxable years beginning after December 31, 2026, and the bill takes effect on July 1, 3000.

Agriculture and Natural Resources, Budget and Finance

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=2079&year=2026