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Bill > HB2241

HI HB2241

HI HB2241
Relating To Renewable Energy.

summary

Introduced
01/28/2026
In Committee
04/09/2026
Crossed Over
03/06/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Amends the Renewable Energy Technologies Income Tax Credit by: Limiting claims for certain solar energy systems that are not third-party financed systems and installed and placed in service on a single-family residential property to taxpayers with an adjusted gross income of $175,000 or less if filing as an individual, $262,500 or less if filing as a head of household, or $350,000 or less if filing jointly; increasing the maximum adjusted gross income an individual taxpayer must be below in order to be eligible to have any excess credits refunded and limiting credit refundability to systems that are not third-party financed systems; and prohibiting a taxpayer from claiming a credit for a renewable energy technology system installed and placed in service on a residential property where the taxpayer has claimed a credit in prior taxable years. Applies to taxable years beginning after 12/31/2026. Sunsets 1/1/2029. (SD2)

AI Summary

This bill amends the renewable energy technologies income tax credit to primarily benefit lower and middle-income families by imposing adjusted gross income (AGI) limits for certain solar energy systems installed on single-family homes, specifically those not financed by a third party, requiring an AGI of $175,000 or less for individuals, $262,500 or less for heads of household, and $350,000 or less for joint filers. It also increases the AGI threshold for individuals to receive a refund of excess credits, but this refundability is now restricted to systems that are not third-party financed, and it prohibits claiming the credit for a renewable energy system on a property where a credit has already been claimed in previous years, with these changes applying to taxable years beginning after December 31, 2026, and the entire act set to expire on January 1, 2029.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Government Affairs

Sponsors (2)

Last Action

Received notice of disagreement (Hse. Com. No. 780). (on 04/17/2026)
(1 Companion Bills)

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Document Type Source Location
State Bill Page https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=2241&year=2026
BillText https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2241_SD2_.HTM
Committee Report HB2241_SD2_SSCR3680_ https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB2241_SD2_SSCR3680_.pdf
HB2241_SD1_TESTIMONY_WAM_04-01-26_ https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB2241_SD1_TESTIMONY_WAM_04-01-26_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2241_SD1_.HTM
Committee Report HB2241_SD1_SSCR3112_ https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB2241_SD1_SSCR3112_.pdf
HB2241_HD1_TESTIMONY_EIG_03-17-26_ https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB2241_HD1_TESTIMONY_EIG_03-17-26_.PDF
Committee Report HB2241_HD1_HSCR937-26_ https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB2241_HD1_HSCR937-26_.pdf
HB2241_HD1_TESTIMONY_FIN_03-02-26_ https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB2241_HD1_TESTIMONY_FIN_03-02-26_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2241_HD1_.HTM
Committee Report HB2241_HD1_HSCR724-26_ https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB2241_HD1_HSCR724-26_.pdf
HB2241_TESTIMONY_EEP_02-17-26_ https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB2241_TESTIMONY_EEP_02-17-26_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2241_.HTM
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