Hawaii bills · 2026 Regular Session
Hawaii HB 2520
RELATING TO TAXATION.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- TODD (Democratic)
Summary
Official abstract published by the Hawaii legislature· description
Clarifies that references to the base amount in section 41, Internal Revenue Code of 1986, as amended, shall not apply to the tax credit for research activities, and that the tax credit for qualified research expenses may be claimed without regard to expenses in previous years. Increases the annual cap on the total amount of credits that may be certified by the Department of Business, Economic Development, and Tourism.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 28, 2026 · House
Introduced and Pass First Reading. - Feb 2, 2026 · House
Referred to ECD, FIN, referral sheet 6