HOUSE OF REPRESENTATIVES |
H.B. NO. |
432 |
THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to the earned income tax credit.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 235-55.75, Hawaii Revised Statutes, is amended by amending subsection (g) to read as follows:
"(g) This section shall apply to taxable years
beginning after December 31, 2017, but shall not apply to taxable years
beginning after December 31, [2022.] 2027."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: |
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Report Title:
Earned Income Tax Credit; Extension
Description:
Extends the earned income tax credit by five years.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.