[§11-424]  Tax deduction for qualifying contributions.  (a)  An individual resident of Hawaii may claim a state income tax deduction pursuant to section 235-7(g)(2), for contributions to a candidate who files an affidavit pursuant to section 11-423 and does not exceed the expenditure limit.  Canceled checks or copies of the same shall be considered adequate receipt forms to attach to the tax form to claim the credit.

     (b)  The commission shall forward a certified copy of the affidavit to the director of taxation.

     (c)  If a candidate has not filed the affidavit pursuant to section 11-423, the candidate shall inform all contributors in writing immediately upon receipt of the contribution that they are not entitled to a tax deduction for their contributions to the candidate.  The director of taxation shall not allow any contributor to take a deduction, pursuant to section 235-7(g)(2), for any contribution to a candidate for a statewide or county office who has not filed the affidavit pursuant to section 11-423. [L 2010, c 211, pt of §2]

 

Note

  Section 235-7(g)(2) referred to in subsections (a) and (c) is repealed.