Measure Title: |
RELATING TO AN INCOME TAX CREDIT.
|
Report Title: |
DOTAX; DCCA; Income Tax Credit; Wind Resistance Retrofit; Hurricane Preparedness; Insurance; Appropriations ($)
|
Description: |
Establishes a nonrefundable individual income tax credit for expenses paid to retrofit a residence with wind resistive devices. Requires the Department of Taxation to prepare forms. Requires the Department of Commerce and Consumer Affairs to pre-certify claims. Appropriates funds. Applies to taxable years beginning after 12/31/2025. Sunsets 1/1/2028. Effective 7/1/2050. (SD1)
|
Companion: |
HB355
|
Package: |
None
|
Current Referral: |
CPN, WAM
|
Introducer(s): |
GABBARD, CHANG, RHOADS
|
Act: |
|
Sort by Date | Chamber | Status Text |
2/10/2025 | S | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
2/10/2025 | S | Reported from CPN (Stand. Com. Rep. No. 169) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
1/31/2025 | S | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Richards, Awa. |
1/24/2025 | S | The committee(s) on CPN has scheduled a public hearing on 01-31-25 9:30AM; Conference Room 229 & Videoconference. |
1/23/2025 | S | Referred to CPN, WAM. |
1/17/2025 | S | Passed First Reading. |
1/17/2025 | S | Introduced. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
Some of the above items require Adobe Acrobat Reader. Please visit
Adobe's download page
for detailed instructions.
SB697 SD1