HI HB241 | 2023 | Regular Session
Note: Carry Foward to future HB241
Status
Spectrum: Strong Partisan Bill (Democrat 10-1)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-01-25 - Referred to ECD, FIN, referral sheet 1
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-01-25 - Referred to ECD, FIN, referral sheet 1
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the income tax credit for expenses for household and dependent care services necessary for gainful employment by increasing the taxpayer's applicable percentage of employment-related expenses and dollar limit on amounts creditable that constitute the tax credit. Requires the department of taxation to make annual adjustments for inflation to the adjusted gross income thresholds and dollar limits on amounts creditable. Applies to taxable years beginning after 12/31/22.
Title
Relating To Taxation.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-25 | House | Referred to ECD, FIN, referral sheet 1 |
| 2023-01-20 | House | Introduced and Pass First Reading. |
| 2023-01-19 | House | Pending introduction. |
Same As/Similar To
HB241 (Carry Over) 2023-01-25 - Referred to ECD, FIN, referral sheet 1
SB1126 (Same As) 2023-01-27 - Referred to HHS, WAM.
SB1126 (Same As) 2023-01-27 - Referred to HHS, WAM.
Subjects
Expenses for Household and Dependent Care Services Necessary for Gainful Employment
Income Tax Credit
Income Tax Credit
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=241&year=2023 |
| Text | https://www.capitol.hawaii.gov/sessions/session2023/bills/HB241_.HTM |
