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Bill > SB3183


HI SB3183

HI SB3183
Relating To Renewable Energy.


summary

Introduced
01/28/2026
In Committee
03/05/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Prohibits individually or jointly filing taxpayers with an adjusted gross income of $250,000 or greater from claiming the renewable energy technologies income tax credit for certain solar energy systems installed and placed in service on a single-family residential property, with certain exemptions. Increases the adjusted gross income requirements for an individual taxpayer to elect to have any excess credits refunded. Applies to taxable years beginning after 12/31/26. Effective 4/19/2042. (SD2)

AI Summary

This bill modifies the renewable energy technologies income tax credit by prohibiting individuals or joint filers with an adjusted gross income (AGI) of $250,000 or more from claiming the credit for certain solar energy systems installed on single-family homes, starting with taxable years after December 31, 2026, though exemptions exist for systems primarily used for heating water and for third-party financing. Additionally, the bill increases the AGI thresholds for individual taxpayers who wish to elect to receive a refund for any excess credit amount that exceeds their tax liability, with these changes becoming effective on April 19, 2042.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (2)

Last Action

48 Hrs. Notice 03-10-26. (on 03/05/2026)

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