HOUSE OF REPRESENTATIVES	H.B. NO.	1535
THIRTY-THIRD LEGISLATURE, 2026		H.D. 2
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO AUTOMATED EXTERNAL DEFIBRILLATORS.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Chapter 235, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§235-    Automated external defibrillator subsidization tax credit. (a) There shall be allowed to each qualified taxpayer subject to the tax imposed under this chapter, an automated external defibrillator subsidization tax credit that shall be deductible from the taxpayer's net income tax liability, if any, imposed by this chapter for the taxable year in which the tax credit is properly claimed.

(b) The amount of the tax credit shall be $500 per automated external defibrillator device that is installed and placed in service during the taxable year in a place of public accommodation located in the State with twenty-five or more employees operated by the qualified taxpayer up to a maximum of $           per qualified taxpayer per taxable year.

(c) If the tax credit under this section exceeds the taxpayer's income tax liability, the excess of the tax credit over liability may be used as a credit against the taxpayer's net income tax liability for the five years following the taxable year in which the tax credit was properly claimed until exhausted. All claims for the tax credit under this section, including amended claims, shall be filed on or before the end of the twelfth month following the close of the taxable year for which the tax credit may be claimed. Failure to meet the filing requirements of this subsection shall constitute a waiver of the right to claim the tax credit.

(d) No taxpayer that claims a credit under this section shall claim a deduction or any other credit under this chapter for the same costs used to claim a credit under this section.

(e) The director of taxation:

(1) Shall prepare any forms that may be necessary to claim a tax credit under this section;

(2) May require the taxpayer to furnish reasonable information to ascertain the validity of the claim for the tax credit made under this section; and

(3) May adopt rules under chapter 91 necessary to effectuate the purposes of this section.

(f) For the purposes of this section:

"Automated external defibrillator" means a medical device designed to analyze the heart rhythm and deliver an electric shock to victims of ventricular fibrillation to restore the heart rhythm to normal.

"Place of public accommodation" has the same meaning as in section 489-2.

"Qualified taxpayer" means a taxpayer who operates a place of public accommodation located in the State with twenty-five or more employees."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect on July 1, 3000; provided that section 1 of this Act shall apply to taxable years beginning after July 1, 3000.

Report Title:

Income Tax Credit; Automated External Defibrillator Devices; Places of Public Accommodation

Description:

Establishes an income tax credit for automated external defibrillator devices that are installed and placed in service in certain places of public accommodation located in the State. Effective 7/1/3000. (HD2)

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.